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

Multiple Choice Questions

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

2. Warren educated himself in all but the following ways:
(a) attending night school.
(b) reading business books.
(c) running his paper route.
(d) studying actuarial tables.

3. What bad investment did Warren make at this time?
(a) National American.
(b) purchasing a house.
(c) Dempster.
(d) Blue Eagle stamps.

4. What did Buffett say he was putting his money into?
(a) municipal bonds.
(b) blue chip stocks.
(c) money market funds.
(d) a new mutual fund.

5. Warren made big profits by engaging in a practice known as:
(a) back room trading.
(b) stock splitting.
(c) arbitrage.
(d) leveraged buyouts.

Short Answer Questions

1. Buffett began buying Berkshire-Hathaway stock in:

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

3. Buffett gained total control of Berkshire in:

4. What did Buffett consider to be the most important factor in evaluating a company?

5. These kinds of funds in this era were characterized as:

(see the answer key)

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