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This quiz consists of 5 multiple choice and 5 short answer questions through Washington Redux.

Multiple Choice Questions

1. What did Buffett recommend that the Post do?
(a) expand television operations.
(b) expand overseas.
(c) expand magazine operations.
(d) buy back its own stock.

2. What kind of stocks were most popular at this time?
(a) high tech.
(b) small companies.
(c) blue chip.
(d) huge conglomerates.

3. Buffett gained total control of Berkshire in:
(a) September 1964.
(b) July 1963.
(c) June 1964.
(d) May 1965.

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

5. Warren made big profits by engaging in a practice known as:
(a) arbitrage.
(b) back room trading.
(c) leveraged buyouts.
(d) stock splitting.

Short Answer Questions

1. By the time of World War I, what part of the New Bedford labor force worked at the mill?

2. Buffett began buying Berkshire-Hathaway stock in:

3. How old was Warren when his father became Congressman?

4. Buffett's goal, as stated to his partners, was to:

5. Why did Warren complete a Dale Carnegie course after completing business school?

(see the answer key)

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