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

Multiple Choice Questions

1. Warren did not want to attend college because:
(a) he wanted to travel.
(b) he didn't feel he could learn anything.
(c) he wanted to get married.
(d) he wanted to work.

2. What did Buffett worry about at the age of twenty six when he had little money?
(a) on an individual basis.
(b) how much money to leave to his children and what to do with the money.
(c) how to amass a fortune.
(d) where he would retire to.

3. How did Buffett view investments and taxes?
(a) tax avoidance is the reason for investing.
(b) the goal is to minimize taxes.
(c) investments are made for tax purposes.
(d) the object should be to achieve the largest after tax rate of compound.

4. What was important to the young Warren?
(a) making money and watching it grow.
(b) books.
(c) schools.
(d) games.

5. At the 1968 meeting of his friends, who was not invited?
(a) Carl Ican.
(b) Bill Ruane.
(c) Charlie Munger.
(d) Ben Graham.

Short Answer Questions

1. As a child, Warren Buffett had a 'thirst' for __________.

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

3. Warren handled his investments with people:

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

5. What did Warren vow after his involvement with Dempster?

(see the answer key)

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