Travis Hoium

So, you know, it's not a massive growth business.

They bought this in 1983, but it's a solid growth business.

It's generating positive free cash flow.

And I think this just falls into Buffett's wheelhouse because it was a price that we often don't see in markets today.

And it was a deal with somebody that he was very familiar with.

I remember Munger in an interview saying something like, hey, we did a lot of deals with the same people for decades.

And the only reason that people remember us is because we're still alive.

And

So it's just sort of classic Buffett.

I think even, you know, Rose Blumpkin should be part of the myth of Berkshire Hathaway.

Buffett joked that he would have to make mandatory retirement age 103 because she worked until 103, tried retiring at 95, but she got bored.

So it's just kind of classic Buffett in all kinds of different ways, but more legacy Buffett, you know, from the 60s, 70s, 80s, picking up these companies for what we would see as incredibly cheap prices today because he did the work that no one else was willing to do at the time.

Yeah, absolutely.

And the other thing is the durability of the business.

You know, I'm here in the Midwest.

And there is something about some of these family-run businesses.

Nebraska Furniture Mart doesn't do anything crazy.

They don't do anything sexy.

They sell furniture, but people go there because they've been going there for years or for decades.

That's the way that a lot of businesses run.