View a FREE sample

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

Multiple Choice Questions

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

2. How many shareholders did Munger and Buffett pledge to provide fair and simultaneous reporting to?
(a) 10.
(b) 50%.
(c) 15,000.
(d) 300,000.

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

4. A CEO unlikely to dispose of his successful operating business may sell profitable stock investments to redeploy _________.
(a) Capital.
(b) Dividends.
(c) Nothing.
(d) Interest.

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

Short Answer Questions

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

2. Buffett claimed in the book that most Berkshire shareholders will hang onto their shares for ____________.

3. When did Berkshire Hathaway begin as a textile company?

4. Risk ___________ was defined as the pursuit of profits from anticipated events, according to the book.

5. What was NOT one of the elements listed in the elements of arbitrage in the book?

(see the answer key)

This section contains 199 words (approx. 1 page at 300 words per page) View a FREE sample