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

2. What was the most important aspect of American Express?
(a) its name.
(b) its assets.
(c) its history.
(d) its dividends.

3. Why did Buffett refuse to financially support his adult children?
(a) he was too cheap.
(b) he had other uses for his money.
(c) he was angry with them.
(d) he wanted them to lead normal, independent lives.

4. Warren's father worked as a ___________.
(a) grocer.
(b) farmer.
(c) securities salesman.
(d) factory worker.

5. Warren educated himself in all but the following ways:
(a) attending night school.
(b) studying actuarial tables.
(c) reading business books.
(d) running his paper route.

Short Answer Questions

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

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

3. According to the terms offered to the Davises, what percent of the profits would Warren receive?

4. How did Buffett view investments and taxes?

5. The Post company controlled all but the following:

(see the answer key)

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