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

Multiple Choice Questions

1. Warren handled his investments with people:
(a) on an individual basis.
(b) by following their instructions.
(c) by keeping them informned.
(d) by forming partnerships.

2. Which of the following was not some thing that Howard Buffett was against?
(a) school lunch programs.
(b) protecting US savings bond owners against inflation.
(c) European grain exports.
(d) the Bretton Woods monetary scheme.

3. Buffett told his partners all but the following:
(a) he would not act as their financial counsel.
(b) he would continue to manage their money.
(c) he recommended Sequoia Fund.
(d) he could help place their money in municipal bonds.

4. After graduating from business school, Warren returned to Omaha to work for:
(a) Citi Bank.
(b) Buffett-Falk & Company.
(c) Proctor & Gamble.
(d) Omaha National Bank.

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

Short Answer Questions

1. What kind of stocks were most popular at this time?

2. What did Warren always wear in high school?

3. Ben Graham's specialty was:

4. Hathaway was run by:

5. What term can be used to characterize Warren at this age?

(see the answer key)

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