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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. Warren increased his paper route by:
(a) asking for a new bigger territory.
(b) his route was big enough.
(c) going door-to-door for subscriptions.
(d) adding the Times-Herald to his Washington Post route.

2. Which of the following is not part of Buffett's guide to selecting stocks?
(a) trading on tips.
(b) stocks within one's circle of competence.
(c) ignoring macroeconomic trends and forecasts.
(d) doing his own market analysis.

3. Graham and Dodds did work in:
(a) stock valuation.
(b) commodity futures.
(c) selling and marketing.
(d) business management.

4. When did Buffett and Munger buy the Buffalo Evening News?
(a) 1980.
(b) 1976.
(c) 1978.
(d) 1974.

5. What did Buffett say he was putting his money into?
(a) municipal bonds.
(b) blue chip stocks.
(c) money market funds.
(d) a new mutual fund.

Short Answer Questions

1. Regarding his textile mills, in the early 1980s, Buffett:

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

3. Buffett began buying Berkshire-Hathaway stock in:

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

5. What is the value of diversification?

(see the answer key)

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