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

Multiple Choice Questions

1. What course did Warren teach at the University of Omaha?
(a) Introduction to Finance.
(b) Introduction to Economics.
(c) Managerial Economics.
(d) Investment Principles.

2. Warren married Susie Thompson in:
(a) April, 1952.
(b) June 1955.
(c) September 1953.
(d) January 1951.

3. What did Warren do with some of the profits from his paper route?
(a) bought forty acres of Nebraska farmland.
(b) bought AT&T stock.
(c) vacationed in Miami.
(d) bought a car.

4. Berkshire was most active in:
(a) promoting auto insurance.
(b) door to door policy selling.
(c) reinsurance.
(d) business insurance.

5. Warren did not want to attend college because:
(a) he wanted to work.
(b) he wanted to get married.
(c) he didn't feel he could learn anything.
(d) he wanted to travel.

Short Answer Questions

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

2. In what simple way did Buffett find that people were still using their American Express cards?

3. What is the value of diversification?

4. Cap Cities would use the money from Berkshire to:

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

(see the answer key)

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