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

Multiple Choice Questions

1. Buffett began buying stocks:
(a) for the Buffett foundation.
(b) with bargain prices for Berkshire.
(c) for partners.
(d) for his own account.

2. Buffett's Graham group, his inner circle, met:
(a) every six months.
(b) monthly.
(c) yearly.
(d) every odd year.

3. How many people worked at Berkshire's world headquarters:
(a) twenty seven.
(b) fifty.
(c) two hundred fifty.
(d) eleven.

4. During this time, Susie:
(a) separated from Warren.
(b) began making her own investments.
(c) became a singer.
(d) returned to school.

5. Buffett told his partners all but the following:
(a) he would continue to manage their money.
(b) he recommended Sequoia Fund.
(c) he would not act as their financial counsel.
(d) he could help place their money in municipal bonds.

Short Answer Questions

1. What is the main qualification for buying a stock?

2. Buffett gained total control of Berkshire in:

3. What did Susie unexpectedly do at the age of forty-five?

4. In Warren's view, the managers of other people's money:

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

(see the answer key)

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