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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. Why did US Air lose money after Buffett's investment?

2. In Warren's view, the managers of other people's money:

3. Daughter Susie moved back to Omaha when:

4. Buffett appeared on:

5. How long did Buffett go without buying any common stock after the Cap Cities deal in 1985?

Short Essay Questions

1. How does Buffett describe the difference between his public and private lives?

2. Buffett's career was based on the Graham and Dodds theory of investing. What are the basis of Buffet's beliefs based on the teachings of Graham and Dodds?

3. What was the effect of irregularities in the bond trading by Salomon on traders?

4. How many people are employed at Buffett's world headquarters?

5. What was Buffett's attitude about sharing his wealth with his children?

6. What are referred to as Buffett's sweetheart deals?

7. What were Buffett's views on hostile takeovers?

8. What are zero coupon bonds that were being used to finance LBO?

9. What stock did Buffett begin purchasing in 1988?

10. What did Susie do at the age of forty five?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

What do you think of Warren Buffett as a person, given what you have learned during the unit on this book? Do you think he is basically a good person? Why or why not? What aspects of Buffett don't you like?

Essay Topic 2

Buffett has been characterized as an accumulator and one who hangs on to things? Comment on this? Do you think it is true? Why or why not?

Essay Topic 3

What was Buffett's view on giving to social programs, particularly during the early 1970? Give some examples. Do you agree with his reasoning? Why or why not?

(see the answer keys)

This section contains 691 words (approx. 3 pages at 300 words per page) View a FREE sample