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

Multiple Choice Questions

1. What was important to the young Warren?
(a) making money and watching it grow.
(b) games.
(c) schools.
(d) books.

2. Buffett differed from other CEOs in that he:
(a) he did not have an office.
(b) he hired a variety of secretaries.
(c) he did most of his work at home.
(d) did not have a structured appointments schedule.

3. What was Buffett's annual Christmas gift to each of his children?
(a) ten shares of Berkshire stock.
(b) $10,000 the tax deductible limit on gifts to family members.
(c) anything they wanted.
(d) vacations.

4. What problems did Buffett have making investments in the mid-1960s?
(a) there were few good bargains in stocks.
(b) a severe market slump.
(c) increased competition.
(d) a massive withdrawal of capital.

5. What industry did Buffett become interested in at this time?
(a) high tech.
(b) auto.
(c) newspaper.
(d) steel.

Short Answer Questions

1. What was not a characteristic of a performance fund?

2. What did Warren always wear in high school?

3. Which of the following was not some thing that Howard Buffett was against?

4. As a child, Warren Buffett had a 'thirst' for __________.

5. Why did Warren complete a Dale Carnegie course after completing business school?

(see the answer key)

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