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

Multiple Choice Questions

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

2. What was not a characteristic of a performance fund?
(a) sustained long term growth.
(b) moving in and out of stocks.
(c) making fast money.
(d) short term perspective.

3. What did Warren do with some of the profits from his paper route?
(a) bought forty acres of Nebraska farmland.
(b) vacationed in Miami.
(c) bought AT&T stock.
(d) bought a car.

4. Ben Graham's specialty was:
(a) stock market.
(b) business management strategy.
(c) Classical Latin.
(d) Greek drama.

5. Susie did all but:
(a) shield him from his mother.
(b) took care of the kids.
(c) handle the family finances.
(d) work in Warren's office.

Short Answer Questions

1. In their senior year, Warren and Danley opened a:

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

3. What was Warren's major passion outside of work?

4. Warren's father worked as a ___________.

5. What is the main qualification for buying a stock?

(see the answer key)

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