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This quiz consists of 5 multiple choice and 5 short answer questions through Return of the Native.

Multiple Choice Questions

1. How many partnerships was Warren running by the end of his first year?
(a) three.
(b) nine.
(c) five.
(d) four.

2. What newspaper stock did Buffett buy heavily?
(a) Chicago Sun Times.
(b) Washington Post.
(c) New York Times.
(d) Miami Herald.

3. These kinds of funds in this era were characterized as:
(a) irresponsible trading.
(b) bear market.
(c) bull market.
(d) Go Go.

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

5. What is the value of diversification?
(a) balance.
(b) the names of the stocks.
(c) ease of management.
(d) prestige.

Short Answer Questions

1. As a child, Warren was interested in:

2. Buffett communicated with partners:

3. Buffett gained total control of Berkshire in:

4. Warren married Susie Thompson in:

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

(see the answer key)

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