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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. Every year, Warren and Susie would:
(a) shop in Beverly Hills.
(b) travel to Europe.
(c) host a dinner for the investors.
(d) travel to New York.

2. What company did the partnership buy that Warren became chairman of?
(a) Control Data.
(b) Dempster.
(c) Sanford Map.
(d) National American Fire Insurance.

3. What did Buffett do that was different with Hochschild and Associated Cotton?
(a) bought the entire businesses.
(b) traded one business for another.
(c) purchased small amounts.
(d) purchased liquid sahres.

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

5. At the 1968 meeting of his friends, who was not invited?
(a) Bill Ruane.
(b) Charlie Munger.
(c) Carl Ican.
(d) Ben Graham.

Short Answer Questions

1. Warren made big profits by engaging in a practice known as:

2. As a result of the end of the Go Go era:

3. Warren attended graduate school at:

4. During the early 1960s, the company's stock price:

5. Ben Graham's specialty was:

(see the answer key)

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