transcript · 11,733 words

#279 What I Learned Before I Sold to Warren Buffett

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As I walk past the Plaza Hotel on a glorious May morning in nineteen ninety four, I heard someone call out Warren Buffett. Turning in the direction of the voice, I saw a woman Stop Buffett on the sidewalk.

And start a friendly conversation with them. Buffett listened patiently to the woman who, as it turned out, was a shareholder of Berkshire Hathaway. At the time, the legendary investor Was the second richest man in the United States.

As it happened, I was in New York that day to meet with our financial advisors at Morgan Stanley. To talk about our company. Which at the time operated a hundred and forty three jewelry stores. Nationwide. Personally.

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