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This quiz consists of 5 multiple choice and 5 short answer questions through Common Stock.

Multiple Choice Questions

1. When did Berkshire Hathaway begin as a textile company?
(a) Early 1900s.
(b) 1956.
(c) Early 1800s.
(d) 1967.

2. What was the name of Warren Buffett's partner in the company they shared?
(a) Bill Gates.
(b) Lloyd Munger.
(c) Steve Jobs.
(d) Charlie Munger.

3. What was the one thing that Munger and Buffett would not address in their question sessions?
(a) Personal business.
(b) Nothing.
(c) Numbers.
(d) Investment strategies.

4. Buffett and Munger invested based on company operating results and not on ____________.
(a) The stock market.
(b) Profit margins.
(c) Price quotes.
(d) Shareholder opinion.

5. How much was the company worth that Buffett and his partner created at the time of this book?
(a) $30M.
(b) $5M.
(c) $70B.
(d) $10M.

Short Answer Questions

1. What did the zero-coupon bonds not pay to the investor in the end?

2. Confusing ________ requirements were offset by the partners' willingness to report look-through earnings.

3. Ben Graham personified the market with the name ___________, to give it a more human side.

4. What was the title of Buffett in relation to his company?

5. Buffett disliked _________ because of its leverage, according to the book.

(see the answer key)

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