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Warren Buffett's interactions with successful individuals like Rose Blumkin significantly contributed to his success. Blumkin, a self-made businesswoman, was a major role model for Buffett. Her determination, business acumen, and longevity inspired him. By observing and learning from her, Buffett was able to gain valuable insights and strategies that he applied in his own business ventures. This not only helped him in making successful investments but also in shaping his approach to business and life.
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Another notable female influence was Rose Blumkin, a Russian immigrant who came to the USA with nothing, but who became the founder of Norther America's biggest furniture store. Buffett eventually bought her out, but was knew her well enough to ask her to sign a non-compete, even though she was 103 years ole. One of his biggest role models, Blumkin was someone whom Buffett aspired to be like, and he wanted to live as long her, too.
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When a group of economists came up with the Efficient Market Hypothesis, to explain how it was impossible for multi-billionaire investor Warren Buffet...
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