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This quiz consists of 5 multiple choice and 5 short answer questions through Howie Buffett's Corn.

Multiple Choice Questions

1. Why did Warren complete a Dale Carnegie course after completing business school?
(a) he was looking to make contacts for his stock sales.
(b) he was bored.
(c) to master his fear of public speaking.
(d) it would look impressive on his resume.

2. Following Buffett's advice, the Post:
(a) attracted new readers.
(b) lost money.
(c) expanded its operations.
(d) greatly increased its return on equity.

3. The Nebraska Furniture Mart was owned by:
(a) Isadore Blumkin.
(b) Katherine Graham.
(c) Seabury Stanton.
(d) Rose Blumkin.

4. What did the Evening News do that resulted in an anti-trust suit?
(a) lowered prices below costs.
(b) announced the publication of a Sunday edition.
(c) lowered prices.
(d) tried to force the Courier-News out of business.

5. Book value is:
(a) what the market thinks a business is worth.
(b) the value of a company's asset.
(c) the value of a company's stock.
(d) capital invested in a business plus retained profits.

Short Answer Questions

1. The SEC began an investigation of Buffett and Munger when they:

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

3. Which is not one of the three stocks that Buffett heavily invested in the 1960?

4. Buffett became a director on the board of the Post in:

5. What event occurred in August 1967?

(see the answer key)

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