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

Multiple Choice Questions

1. Warren purchased his first stocks at the age of:
(a) twenty one.
(b) nineteen.
(c) eleven.
(d) fifteen.

2. Which of the following was not a reason why Warren didn't move to Southern California?
(a) his anger at Susie.
(b) he didn't want to leave the familiarity of Omaha.
(c) he would have to leave his long-time secretary.
(d) he would have to change his routine.

3. Why did US Air lose money after Buffett's investment?
(a) there was a strike.
(b) their fleet was old.
(c) the outbreak of the Persian Gulf War.
(d) none of the above.

4. Which of the following was not one of the three companies that Buffett used to purchase stock and other companies?
(a) Blue Chip Stamps.
(b) Diversified Retailing.
(c) American Express.
(d) Berkshire Hathaway.

5. What bad investment did Warren make at this time?
(a) Dempster.
(b) Blue Eagle stamps.
(c) purchasing a house.
(d) National American.

Short Answer Questions

1. The salad oil owned by an American Express subsidiary was:

2. What was Buffett's annual Christmas gift to each of his children?

3. The SEC inquiry was concerned with:

4. Capital Cities was a:

5. How old was Warren when his father became Congressman?

(see the answer key)

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