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

Multiple Choice Questions

1. Warren increased his paper route by:
(a) going door-to-door for subscriptions.
(b) adding the Times-Herald to his Washington Post route.
(c) asking for a new bigger territory.
(d) his route was big enough.

2. Why is finance the opposite of investing?
(a) finance describes the corporate view of fund raising.
(b) finance is based on Graham and Dodds theory.
(c) finance is the same as investing.
(d) finance is based on Efficient Market Theory.

3. How many people worked at Berkshire's world headquarters:
(a) two hundred fifty.
(b) eleven.
(c) twenty seven.
(d) fifty.

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

5. By the 1990s, Buffett was worth:
(a) $1 billion.
(b) $620 million.
(c) $250 million.
(d) $500 million.

Short Answer Questions

1. As a result of the end of the Go Go era:

2. What event occurred in August 1967?

3. What did Warren do with some of the profits from his paper route?

4. How much did Buffett pay for Nebraska Furniture Mart?

5. Graham and Dodds did work in:

(see the answer key)

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