View a FREE sample

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

Multiple Choice Questions

1. Buffett's Graham group, his inner circle, met:
(a) every six months.
(b) yearly.
(c) every odd year.
(d) monthly.

2. During the early 1960s, the company's stock price:
(a) decreased.
(b) stock split several times.
(c) increased.
(d) doubled in value.

3. In what simple way did Buffett find that people were still using their American Express cards?
(a) he hired an analyst to perform research
(b) he contacted the chairman of the board.
(c) he sat in a restaurant and watched how people paid thier bills.
(d) he hired a market research firm to perform a survey.

4. Which of the following was not one of the permanent three in Berkshire's portfolio?
(a) Cap Cities.
(b) Washington Post.
(c) GEICO.
(d) IBM.

5. The Buffett family owned and operated a ___________.
(a) corn farm.
(b) general store.
(c) grocery store.
(d) cattle ranch.

Short Answer Questions

1. As a result of the end of the Go Go era:

2. What industry did Buffett become interested in at this time?

3. The salad oil owned by an American Express subsidiary was:

4. Warren's father worked as a ___________.

5. How did Buffett view investments and taxes?

(see the answer key)

This section contains 234 words (approx. 1 page at 300 words per page) View a FREE sample