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

Multiple Choice Questions

1. By the time of World War I, what part of the New Bedford labor force worked at the mill?
(a) one fourth.
(b) one third.
(c) three fourths.
(d) one half.

2. While living in Washington DC, Warren worked as a:
(a) drug store soda fountain.
(b) congressional page.
(c) carrier for the Washington Post.
(d) congressional aide.

3. What was not a characteristic of a performance fund?
(a) short term perspective.
(b) making fast money.
(c) sustained long term growth.
(d) moving in and out of stocks.

4. What did Warren do with some of the profits from his paper route?
(a) bought forty acres of Nebraska farmland.
(b) bought a car.
(c) vacationed in Miami.
(d) bought AT&T stock.

5. What kind of stocks were most popular at this time?
(a) huge conglomerates.
(b) high tech.
(c) blue chip.
(d) small companies.

Short Answer Questions

1. What did Buffett say he was putting his money into?

2. What did Buffett worry about at the age of twenty six when he had little money?

3. What was the result of Warren's first year of partnership?

4. Warren married Susie Thompson in:

5. What step did Buffett take in early 1966?

(see the answer key)

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