Rose Blumkin | |
|---|---|
 Rose Blumkin at the Nebraska Furniture Mart in 1977 | |
| Born | Rose Gorelick December 3, 1893 Shchedrin, Bobruysky Uyezd, Minsk Governorate, Russian Empire (prior to 1917). Shchedrin, Belarus (post 1991). |
| Died | August 9, 1998 (aged 104) |
| Occupation | Business person |
Rose Blumkin (née Gorelick; December 3, 1893 – August 9, 1998) was an American businesswoman who founded the Nebraska Furniture Mart in 1937.[1] Businessman Warren Buffett said of her, "One question I always ask myself in appraising a business is how I would like, assuming I had ample capital and skilled personnel, to compete with it. I’d rather wrestle grizzlies than compete with Mrs. B and her progeny. They buy brilliantly, they operate at expense ratios competitors don’t even dream about, and they then pass on to their customers much of the savings.[2]
Her credo, according to her obituary in the New York Times was "Sell cheap, tell the truth, don't cheat nobody."[1]
- ^ a b Cite error: The named reference
NYTwas invoked but never defined (see the help page). - ^ Buffett, Warren (March 14, 1984). "Warren Buffett's 1983 letter to Berkshire Hathaway shareholders". Berkshire Hathaway. Retrieved May 26, 2020.