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

Multiple Choice Questions

1. What did Warren vow after his involvement with Dempster?
(a) he wanted to start a new company.
(b) he would never lay off people again.
(c) he wanted to be a liquidator.
(d) he liked the experience.

2. His best childhood friend was___________.
(a) John Buffet.
(b) George Sklenicka.
(c) Bill Gates.
(d) Bob Russell.

3. Buffett's goal, as stated to his partners, was to:
(a) achieve a 10% rate of return.
(b) make them wealthy.
(c) beat the Dow by an average of ten points per year.
(d) purchase blue chip stocks.

4. Why did Warren complete a Dale Carnegie course after completing business school?
(a) he was looking to make contacts for his stock sales.
(b) to master his fear of public speaking.
(c) he was bored.
(d) it would look impressive on his resume.

5. In what simple way did Buffett find that people were still using their American Express cards?
(a) he sat in a restaurant and watched how people paid thier bills.
(b) he hired a market research firm to perform a survey.
(c) he contacted the chairman of the board.
(d) he hired an analyst to perform research

Short Answer Questions

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

2. Warren Buffett was born in___________.

3. Warren attended graduate school at:

4. What event occurred in August 1967?

5. How did Buffett view investments and taxes?

(see the answer key)

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