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The Knowledge Project

The Knowledge Project

Uncovering the timeless principles that drive success.

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    Rose Blumkin: Women of Berkshire Hathaway [Outliers]

    Published May 6, 2025

    Rose Blumkin

    Rose Blumkin didn’t just build a business. She revolutionized retail. After fleeing Russia with $66 in her purse, she opened a basement furniture store in Omaha at 43 years old—with no English, no education, and no connections. Her formula? Sell cheap, tell the truth, don't cheat the customer. Nebraska Furniture Mart would survive depressions, fires, lawsuits, tornadoes—and eventually become a billion-dollar empire Warren Buffett called “the ideal business.” Learn how Mrs. B’s relentless focus,