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

Multiple Choice Questions

1. While reaching Ben Graham, Warren learned about a company called:
(a) GEICO.
(b) Kimberly-Clark.
(c) State Farm Insurance.
(d) AT&T.

2. What problems did Buffett have making investments in the mid-1960s?
(a) increased competition.
(b) a massive withdrawal of capital.
(c) there were few good bargains in stocks.
(d) a severe market slump.

3. What did Buffett do that was different with Hochschild and Associated Cotton?
(a) purchased liquid sahres.
(b) traded one business for another.
(c) purchased small amounts.
(d) bought the entire businesses.

4. Warren married Susie Thompson in:
(a) April, 1952.
(b) September 1953.
(c) January 1951.
(d) June 1955.

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

Short Answer Questions

1. What step did Buffett take in early 1966?

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

3. Buffett began buying stocks:

4. What magazine did Buffett first invest in?

5. The Nebraska Furniture Mart was owned by:

(see the answer key)

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