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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. By the time of World War I, what part of the New Bedford labor force worked at the mill?
(a) one half.
(b) one third.
(c) one fourth.
(d) three fourths.

2. As a result of the end of the Go Go era:
(a) funds were clustered in some growth stocks.
(b) there was no direction to the market.
(c) traders were confused.
(d) market trading was thin.

3. The Buffett children describe their mother as:
(a) outgoing.
(b) moody.
(c) friendly.
(d) lenient.

4. In early 1967, Buffett advised his partners that:
(a) there was too much competition in the market.
(b) he was changing the scope of the business.
(c) newer nutual funds achieved better returns than his did.
(d) the market was going to crash.

5. Warren Buffett was born in___________.
(a) Chicago, Illinois.
(b) Kansas City, Nebraska.
(c) Memphis, Tennessee.
(d) Omaha, Nebraska.

Short Answer Questions

1. Buffett Partnership was Berkshire's biggest stockholder by:

2. What course did Warren teach at the University of Omaha?

3. What did Warren always wear in high school?

4. What did Buffett advise his partners of in May 1967?

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

(see the answer key)

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