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This quiz consists of 5 multiple choice and 5 short answer questions through Corporate Finance and Investing.

Multiple Choice Questions

1. Substantial equity interest was NOT owned by one of the following companies.
(a) GEICO.
(b) Gillette.
(c) Coca-Cola.
(d) American Express.

2. Who was the financial mentor that Buffett relied upon for his teachings and lessons about the way to do business?
(a) Charlie Munger.
(b) No one.
(c) Himself.
(d) Ben Graham.

3. What was the initial book value of the company that Buffett and his partner acquired in 1964?
(a) $19.46.
(b) $47.01.
(c) $10.67.
(d) $35.00

4. Risk ___________ was defined as the pursuit of profits from anticipated events, according to the book.
(a) Memories.
(b) Movement.
(c) Investing.
(d) Arbitrage.

5. The purchase of the company listed in #49 was influenced by whose investing principles?
(a) Ben Graham.
(b) No one's.
(c) Charlie Munger.
(d) Warren Buffett.

Short Answer Questions

1. _________ can be foolish, according to the lessons in this chapter, foolhardy even, or just be fooling buyers and sellers.

2. Buffett and Munger promised to provide sufficient additional _______ to evaluate true results.

3. The market was considered a business partner with incurable _______ problems, according to the book.

4. Which business did Munger and Buffett decide to close, despite their best efforts?

5. Buffett criticizes __________ market theory as be does not believe it to be a truth.

(see the answer key)

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