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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. What term can be used to characterize Warren at this age?
(a) cocky.
(b) ignorant.
(c) unrealistic.
(d) self-confident.

2. What did Buffett consider to be the most important factor in evaluating a company?
(a) profit as a percentage of capital invested.
(b) total sales.
(c) total costs.
(d) total profit.

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

4. Which of the following was not some thing that Howard Buffett was against?
(a) European grain exports.
(b) school lunch programs.
(c) protecting US savings bond owners against inflation.
(d) the Bretton Woods monetary scheme.

5. As Buffett's income and wealth grew, he:
(a) his spending habits changed.
(b) he traveled more.
(c) he collected more material things ostentaciously.
(d) basically maintained his same lifestyle.

Short Answer Questions

1. Warren purchased his first stocks at the age of:

2. What did Warren always wear in high school?

3. Susie did all but:

4. Warren increased his paper route by:

5. What problems did Buffett have making investments in the mid-1960s?

(see the answer key)

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