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This quiz consists of 5 multiple choice and 5 short answer questions through Salomon's Court.

Multiple Choice Questions

1. Which was not one of Buffett's big deals in the second half of 1989?
(a) Champion International.
(b) US Air.
(c) Gillette.
(d) GEICO.

2. Buffett's views on hostile takeovers included all but:
(a) they were no value creating.
(b) they resulted in a loss of tax dollars to society.
(c) they greatly benefited society.
(d) they involved transfers of assets.

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

4. Salomon grew from 1955 on when they announced:
(a) they went public.
(b) they would ac cept no new partners.
(c) they were purchased by J.P. Morgan.
(d) partners would leave their capital in the firm.

5. The Buffett children describe their mother as:
(a) friendly.
(b) outgoing.
(c) lenient.
(d) moody.

Short Answer Questions

1. Warren's father worked as a ___________.

2. What did Susie unexpectedly do at the age of forty-five?

3. Which investment banking firm did Buffett invest in?

4. The Efficient Market Theory says that:

5. What did Buffett say he was putting his money into?

(see the answer key)

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