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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. What was one of Buffett's first possessions that had to do with money?
(a) a wallet.
(b) a nickel-coated money changer.
(c) a piggy bank.
(d) a money clip.

2. Buffett looked for stocks:
(a) that was owned by people he knew.
(b) whose value was greater than its price.
(c) that had an attractive annual report.
(d) that had a product he believed in.

3. What was not a characteristic of a performance fund?
(a) moving in and out of stocks.
(b) making fast money.
(c) short term perspective.
(d) sustained long term growth.

4. The salad oil owned by an American Express subsidiary was:
(a) oversold.
(b) stolen.
(c) high quality salad oil.
(d) mostly seawater.

5. Buffett feared being known as:
(a) a liquidator.
(b) unethical.
(c) wealthy.
(d) a loser.

Short Answer Questions

1. Buffett's theory of trading is based on:

2. Buffett wanted his money to be used for:

3. Buffet's view of stock index futures was:

4. While reaching Ben Graham, Warren learned about a company called:

5. His best childhood friend was___________.

(see the answer key)

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