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This quiz consists of 5 multiple choice and 5 short answer questions through Go-Go.

Multiple Choice Questions

1. In their senior year, Warren and Danley opened a:
(a) stock quote business.
(b) pinball machine business.
(c) courier service.
(d) magazine clipping service.

2. Which of the following is not one of the terms of Warren's partnership?
(a) secrecy.
(b) Investors had no say in the kinds of investments.
(c) Warren would only make the investments his partners wanted.
(d) adding and withdrawing capital only on December 31.

3. What did Warren vow after his involvement with Dempster?
(a) he would never lay off people again.
(b) he wanted to start a new company.
(c) he liked the experience.
(d) he wanted to be a liquidator.

4. While reaching Ben Graham, Warren learned about a company called:
(a) State Farm Insurance.
(b) AT&T.
(c) Kimberly-Clark.
(d) GEICO.

5. His best childhood friend was___________.
(a) John Buffet.
(b) Bob Russell.
(c) George Sklenicka.
(d) Bill Gates.

Short Answer Questions

1. Warren educated himself in all but the following ways:

2. The Buffett family owned and operated a ___________.

3. What did Warren's father tell him when he returned from running away?

4. While living in Washington DC, Warren worked as a:

5. What was one of Buffett's first possessions that had to do with money?

(see the answer key)

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