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This quiz consists of 5 multiple choice and 5 short answer questions through The Carpet Woman.

Multiple Choice Questions

1. What course did Warren teach at the University of Omaha?
(a) Investment Principles.
(b) Managerial Economics.
(c) Introduction to Economics.
(d) Introduction to Finance.

2. The key question in the anti-trust suit was:
(a) the effect on the Courier-News.
(b) the effect on circulation.
(c) whether the Evening News had the intent to monopolize.
(d) the purchase price of the Evening-News.

3. Graham and Dodds did work in:
(a) stock valuation.
(b) business management.
(c) commodity futures.
(d) selling and marketing.

4. The injunction which the lower court issued was:
(a) upheld buy an Appellate Court.
(b) the Apellate Court changed the terms of the injunction.
(c) overturned by an Appellate Court.
(d) was remanded to the lower court for review.

5. When did Buffett and Munger buy the Buffalo Evening News?
(a) 1978.
(b) 1980.
(c) 1976.
(d) 1974.

Short Answer Questions

1. What did Buffett advise his partners of in May 1967?

2. Mrs. B began in the furniture business by:

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

4. The Nebraska Furniture Mart was owned by:

5. What other kind of family-owned business did Buffet buy?

(see the answer key)

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