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

Multiple Choice Questions

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

2. What did Buffett advise his partners of in May 1967?
(a) Buffett Partnership was facing huge losses.
(b) the partnership would go on without him.
(c) he was turning Buffett Partnership into a Performance Fund.
(d) he was liquidating Buffett Partnership.

3. Book value is:
(a) what the market thinks a business is worth.
(b) the value of a company's stock.
(c) capital invested in a business plus retained profits.
(d) the value of a company's asset.

4. What did Buffett always look at, especially in insurance?
(a) growth potential.
(b) premiums.
(c) odds.
(d) profit.

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

Short Answer Questions

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

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

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

4. How long did Buffett go without buying any common stock after the Cap Cities deal in 1985?

5. Susie did all but:

(see the answer key)

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