Mrs. B’s story is well-known but worth telling again. She came to the United States 77 years ago, unable to speak English and devoid of formal school… - Warren Buffett

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Mrs. B’s story is well-known but worth telling again. She came to the United States 77 years ago, unable to speak English and devoid of formal schooling. In 1937, she founded the Nebraska Furniture Mart with $500. Last year the store had sales of $200 million, a larger amount by far than that recorded by any other home furnishings store in the United States. Our part in all of this began ten years ago when Mrs. B sold control of the business to Berkshire Hathaway, a deal we completed without obtaining audited financial statements, checking real estate records, or getting any warranties. In short, her word was good enough for us. Naturally, I was delighted to attend Mrs. B’s birthday party. After all, she’s promised to attend my 100th.