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

Multiple Choice Questions

1. Which is not one of the three stocks that Buffett heavily invested in the 1960?
(a) Berkshire-Hawthaway.
(b) Disney.
(c) American Express.
(d) TWA.

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

3. What event occurred in August 1967?
(a) the market crashed.
(b) new legislated limited partnership.
(c) Buffet's partnership eperienced its first loss.
(d) Congressional hearning into the rampant growth of mutual funds.

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

5. Graham and Dodds did work in:
(a) stock valuation.
(b) commodity futures.
(c) selling and marketing.
(d) business management.

Short Answer Questions

1. What was the result of Warren's first year of partnership?

2. What did Buffett do that was different with Hochschild and Associated Cotton?

3. Which of the following is not one of the terms of Warren's partnership?

4. Every year, Warren and Susie would:

5. What did Buffett say he was putting his money into?

(see the answer key)

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