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Lebron James and Warren Buffett were together again at the Allen and Company conference in Sun Valley last week — and the highlight of the event was a video showing Buffett beating James in a one-on-one basketball game.

Attendees cracked up when the tape was shown with Buffett outplaying one of the the NBA”s most famous players. Buffett, attired in a basketball outfit complete with headband, somehow out-performed the perennial all-star player.

James and Buffett have an unlikely friendship, dating back to James calling up the "Oracle of Omaha" to ask how to manage his investments.

James flew to Omaha, and  the two have become friends since. Buffett attended a Cleveland Cavaliers game in March and has kept in close touch.