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

Multiple Choice Questions

1. What term can be used to characterize Warren at this age?
(a) unrealistic.
(b) self-confident.
(c) cocky.
(d) ignorant.

2. Why did the Buffetts move to New York in 1954?
(a) Buffett accepted a job at Graham-Newman.
(b) Buffett wanted to work at the New York Stock Exchange.
(c) Warren wanted a wider customer base.
(d) Warren wanted to find a job.

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

4. The Buffett family owned and operated a ___________.
(a) cattle ranch.
(b) corn farm.
(c) general store.
(d) grocery store.

5. What course did Warren teach at the University of Omaha?
(a) Managerial Economics.
(b) Introduction to Finance.
(c) Investment Principles.
(d) Introduction to Economics.

Short Answer Questions

1. While reaching Ben Graham, Warren learned about a company called:

2. Warren purchased his first stocks at the age of:

3. Warren's father worked as a ___________.

4. Warren did not want to attend college because:

5. According to the terms offered to the Davises, what percent of the profits would Warren receive?

(see the answer key)

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