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

Multiple Choice Questions

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

2. Warren Buffett was born in___________.
(a) Kansas City, Nebraska.
(b) Omaha, Nebraska.
(c) Chicago, Illinois.
(d) Memphis, Tennessee.

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

4. According to the terms offered to the Davises, what percent of the profits would Warren receive?
(a) 15%.
(b) 30%.
(c) 50%.
(d) 25%.

5. Warren worked on all of the following during this period:
(a) the family grocery business.
(b) Buffett-Falk.
(c) teaching in night school.
(d) a Dale Carnegie course.

Short Answer Questions

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

2. The Buffett children describe their mother as:

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

4. What did Warren always wear in high school?

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

(see the answer key)

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