Rohan Jain

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From that point forward, things could not have been simpler. Bill sent me some figures, and I wrote him a letter indicating my idea of value. We quickly agreed on a number, and found our personal chemistry to be perfect. By mid-year, the merger was completed. R.C. Willey is an amazing story. Bill took over the business from his father-in-law in 1954 when sales were about $250,000. From this tiny base, Bill employed Mae West’s philosophy: “It’s not what you’ve got—it’s what you do with what you’ve got.” Aided by his brother, Sheldon, Bill has built the company to its 1995 sales volume of $257 ...more
Berkshire Hathaway Letters to Shareholders: 1965-2024
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