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This quiz consists of 5 multiple choice and 5 short answer questions through Secrets of the Temple.

Multiple Choice Questions

1. These kinds of funds in this era were characterized as:
(a) bull market.
(b) Go Go.
(c) bear market.
(d) irresponsible trading.

2. What stock did Buffett begin to buy in the fall of 1988?
(a) Pepsi-Cola.
(b) ABC.
(c) NBC.
(d) Coca-Cola.

3. Buffett's new worth was approximately:
(a) $2.3 billion.
(b) $1.35 billion.
(c) $3.8 billion.
(d) $900 million.

4. Which of the following was not a reason why Warren didn't move to Southern California?
(a) his anger at Susie.
(b) he would have to leave his long-time secretary.
(c) he would have to change his routine.
(d) he didn't want to leave the familiarity of Omaha.

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

Short Answer Questions

1. How long did Buffett go without buying any common stock after the Cap Cities deal in 1985?

2. In early 1967, Buffett advised his partners that:

3. In Warren's view, the managers of other people's money:

4. Buffett told his partners all but the following:

5. What step did Buffett take in early 1966?

(see the answer key)

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