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

2. What was the stock market value of the company in #49 when it was first purchased by Buffett?
(a) $500M.
(b) $100M.
(c) $300M.
(d) $250M.

3. _________ can be foolish, according to the lessons in this chapter, foolhardy even, or just be fooling buyers and sellers.
(a) Mr. Market.
(b) Smith.
(c) Buffett.
(d) Mr. Big.

4. What was the title of Buffett's partner in the company they shared?
(a) CEO.
(b) Vice-Chairman.
(c) Vice President.
(d) Chairman.

5. Half of all major American companies match __________ donations of directors.
(a) Worker.
(b) Charitable.
(c) Market.
(d) Stock.

Short Answer Questions

1. The purchase of the company listed in #49 was influenced by whose investing principles?

2. Buffett and Munger do not check _________'s manic depressive daily price quotes to validate their investment.

3. What company did Buffett acquire in 1964, which he eventually grew into a large holding company?

4. Munger and Buffett act like ________ when it comes to considering the economic prospects of the businesses they buy.

5. What was the name of the company that Buffett and Munger bought in 1973?

(see the answer key)

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