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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 2-3.

Multiple Choice Questions

1. In Michael Burry's first credit default swap, he bought how many bonds?
(a) 15.
(b) 6.
(c) 10.
(d) 12.

2. What refers to loans made to customers with less than perfect credit?
(a) Subprime.
(b) High interest.
(c) CDS's.
(d) Gambles.

3. What did Michael Burry study in college?
(a) Engineering.
(b) History.
(c) Medicine.
(d) Law.

4. Where did Michael Burry begin cataloging his investments and their results, which drew interest from Wall Street brokers without Burry's knowledge?
(a) A blog.
(b) A magazine.
(c) A library.
(d) A newspaper.

5. Where did Michael Burry share his thoughts on investing while learning what he could from others in Chapter 2?
(a) Church.
(b) Wall street.
(c) Online social networks.
(d) Seminars.

Short Answer Questions

1. What Chinese national who came in second in a math competition in China accompanied Greg Lippmann in Chapter 3?

2. At what age was Michael Lewis when he was shocked that Wall Street would allow him to buy and sell stocks, as described in the Prologue?

3. What had Michael Burry's father warned him to stay away from in Chapter 2?

4. In Chapter 3, soon all the CDSs AIG FP sold consisted primarily of what?

5. When was Michael Lewis' first book published?

(see the answer key)

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