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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Oscar255414   😊 😞
Number: of 21944 
Subject: Re: Buffett Giddy, for Good Reason
Date: 07/13/25 7:58 PM
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Yes, Rose Blumkin, known as Mrs. B, did open a store called Mrs. B's Clearance and Factory Outlet directly across the street from Nebraska Furniture Mart (NFM) in Omaha, Nebraska, in 1989, at the age of 95. This was after she retired from NFM, which she had founded in 1937 and sold a majority stake to Warren Buffett’s Berkshire Hathaway in 1983. Unhappy with retirement and unrestricted by a non-compete agreement from the 1983 sale, she started the rival store to compete with NFM, focusing on clearance furniture, mattresses, and flooring. By 1991, her new store was profitable and became the third-largest carpet outlet in Omaha. In 1992, Buffett acquired Mrs. B’s Clearance and Factory Outlet for $4.94 million and merged it with NFM, this time ensuring she signed a non-compete clause. The outlet continues to operate as part of NFM’s Omaha campus
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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