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

Multiple Choice Questions

1. Hathaway was run by:
(a) Seabury Stanton.
(b) Olive Chace.
(c) Samuel Stater.
(d) Charlie Munger.

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

3. In 1964, Stanton:
(a) old the remaining stock.
(b) tried to buy back the Berkshire stock.
(c) filed a lawsuit.
(d) retired.

4. Warren did not want to attend college because:
(a) he wanted to get married.
(b) he wanted to work.
(c) he didn't feel he could learn anything.
(d) he wanted to travel.

5. What did Warren always wear in high school?
(a) sneakers.
(b) a business cap.
(c) a Nebraska sweat shirt.
(d) dress shoes.

Short Answer Questions

1. Why did Warren complete a Dale Carnegie course after completing business school?

2. According to the terms offered to the Davises, what percent of the profits would Warren receive?

3. After graduating from business school, Warren returned to Omaha to work for:

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

5. Berkshire and Hathaway merged in:

(see the answer key)

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