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This quiz consists of 5 multiple choice and 5 short answer questions through Salomon's Court.

Multiple Choice Questions

1. Who does Buffett select to run Salomon?
(a) Paul Mozer.
(b) Nicholas Brady.
(c) Deryck Maughan.
(d) JM Meriwether.

2. Mrs. B built her furniture store into the biggest furniture store in the:
(a) city.
(b) state.
(c) country.
(d) midwest.

3. Why did Buffett refuse to financially support his adult children?
(a) he wanted them to lead normal, independent lives.
(b) he had other uses for his money.
(c) he was angry with them.
(d) he was too cheap.

4. What is the value of diversification?
(a) ease of management.
(b) balance.
(c) prestige.
(d) the names of the stocks.

5. What company did Buffett say he would hold for the rest of his life?
(a) Wesco.
(b) See's Candy.
(c) Diversified.
(d) Berkshire.

Short Answer Questions

1. What was important to the young Warren?

2. Which of the following is not part of Buffett's guide to selecting stocks?

3. The Evening News' rival newspaper was the:

4. Buffett became a director on the board of the Post in:

5. Warren handled his investments with people:

(see the answer key)

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