View a FREE sample

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

Multiple Choice Questions

1. Cap Cities would use the money from Berkshire to:
(a) buy ABC.
(b) modernize.
(c) invest in the satellite business.
(d) diversify.

2. What did Buffett advise his partners of in May 1967?
(a) he was turning Buffett Partnership into a Performance Fund.
(b) he was liquidating Buffett Partnership.
(c) Buffett Partnership was facing huge losses.
(d) the partnership would go on without him.

3. Warren educated himself in all but the following ways:
(a) attending night school.
(b) reading business books.
(c) running his paper route.
(d) studying actuarial tables.

4. What event occurred in August 1967?
(a) the market crashed.
(b) Buffet's partnership eperienced its first loss.
(c) Congressional hearning into the rampant growth of mutual funds.
(d) new legislated limited partnership.

5. What did Warren's father tell him when he returned from running away?
(a) he was sending him back to Nebraska.
(b) improve his grades or give up the paper route.
(c) quit his job as punishment.
(d) he was grounded for one month.

Short Answer Questions

1. Mrs. B built her furniture store into the biggest furniture store in the:

2. Buffett feared being known as:

3. Why did the Buffetts move to New York in 1954?

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

5. Which of the following is not one of the terms of Warren's partnership?

(see the answer key)

This section contains 278 words (approx. 1 page at 300 words per page) View a FREE sample