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

Multiple Choice Questions

1. Studying under Graham allowed Warren to:
(a) quality to teach.
(b) complete his thesis.
(c) learn to develop a business.
(d) develop his own natural abilities.

2. What did Buffett consider to be the most important factor in evaluating a company?
(a) profit as a percentage of capital invested.
(b) total profit.
(c) total sales.
(d) total costs.

3. These kinds of funds in this era were characterized as:
(a) irresponsible trading.
(b) bear market.
(c) Go Go.
(d) bull market.

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

5. Ben Graham's specialty was:
(a) business management strategy.
(b) Greek drama.
(c) Classical Latin.
(d) stock market.

Short Answer Questions

1. What bad investment did Warren make at this time?

2. Buffett told his partners all but the following:

3. Warren handled his investments with people:

4. Warren first ran away at the age of:

5. Susie did all but:

(see the answer key)

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