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

Multiple Choice Questions

1. In their senior year, Warren and Danley opened a:
(a) pinball machine business.
(b) courier service.
(c) stock quote business.
(d) magazine clipping service.

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

3. Warren bought all but the following through Berkshire:
(a) National Indemnity Company.
(b) Sun Newspaper.
(c) American Express.
(d) Illinois National Bank and Trust.

4. What did Warren's father tell him when he returned from running away?
(a) quit his job as punishment.
(b) improve his grades or give up the paper route.
(c) he was grounded for one month.
(d) he was sending him back to Nebraska.

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

Short Answer Questions

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

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

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

4. What was one of the stocks that Warren bought and promoted while at Buffett-Falk?

5. While living in Washington DC, Warren worked as a:

(see the answer key)

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