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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. Which of the following companies was the object of a hostile takeover in the 1980s?
(a) Berkshire.
(b) Time.
(c) General Goods.
(d) Revlon.

2. Warren Buffett was born in___________.
(a) Kansas City, Nebraska.
(b) Chicago, Illinois.
(c) Memphis, Tennessee.
(d) Omaha, Nebraska.

3. Which is not one of the three stocks that Buffett heavily invested in the 1960?
(a) American Express.
(b) Disney.
(c) TWA.
(d) Berkshire-Hawthaway.

4. Warren's attitude toward leaving some money to his children changed when:
(a) the press became critical of him.
(b) he became closer with Susie and her family when they were living in Omaha.
(c) Susie said she would never speak to him.
(d) he became ill.

5. Buffett's goal, as stated to his partners, was to:
(a) make them wealthy.
(b) purchase blue chip stocks.
(c) achieve a 10% rate of return.
(d) beat the Dow by an average of ten points per year.

Short Answer Questions

1. Which of the following is not one of the terms of Warren's partnership?

2. What step did Buffett take in early 1966?

3. How much did Buffett pay for Nebraska Furniture Mart?

4. What did Warren do with some of the profits from his paper route?

5. Which of the following was not some thing that Howard Buffett was against?

(see the answer key)

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