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

Multiple Choice Questions

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

2. What was one of the stocks that Warren bought and promoted while at Buffett-Falk?
(a) GEICO.
(b) Proctor & Gamble.
(c) Standard Oil.
(d) Kimberly Clark.

3. While reaching Ben Graham, Warren learned about a company called:
(a) Kimberly-Clark.
(b) State Farm Insurance.
(c) AT&T.
(d) GEICO.

4. Susie's absence made life:
(a) made Warren more self-sufficient.
(b) made Warren happier.
(c) game Warren more freedom.
(d) difficult for Warren.

5. What does Buffett say about the hostile takeover of Time?
(a) it could have been handled better.
(b) it showed how smoothly the market worked.
(c) it was a good merger.
(d) it was an example of the destructive tactics of the merger era.

Short Answer Questions

1. Buffett's views on hostile takeovers included all but:

2. Buffett would only consider investing in social projects if:

3. Which of the following was not one of the three companies that Buffett used to purchase stock and other companies?

4. While living in Washington DC, Warren worked as a:

5. Book value is:

(see the answer key)

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