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

Multiple Choice Questions

1. In 1964, Stanton:
(a) tried to buy back the Berkshire stock.
(b) retired.
(c) filed a lawsuit.
(d) old the remaining stock.

2. What company did Buffett say he would hold for the rest of his life?
(a) Wesco.
(b) Berkshire.
(c) Diversified.
(d) See's Candy.

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

4. What stock did Buffett begin to buy in the fall of 1988?
(a) Coca-Cola.
(b) ABC.
(c) NBC.
(d) Pepsi-Cola.

5. In Congressional testimony, Buffett makes it clear that:
(a) he wanted the perpetrators of the crime prosecuted.
(b) he would not cooperate with the government.
(c) he would tolerate no wrong doing at Salamon.
(d) he wanted the charges dropped.

Short Answer Questions

1. During the early 1960s, the company's stock price:

2. A cotton mill was established in New Bedford in:

3. Warren Buffett was born in___________.

4. Buffett's goal, as stated to his partners, was to:

5. What was important to the young Warren?

(see the answer key)

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