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This quiz consists of 5 multiple choice and 5 short answer questions through The Carpet Woman.

Multiple Choice Questions

1. What newspaper stock did Buffett buy heavily?
(a) Miami Herald.
(b) Chicago Sun Times.
(c) New York Times.
(d) Washington Post.

2. What was not a characteristic of a performance fund?
(a) making fast money.
(b) short term perspective.
(c) moving in and out of stocks.
(d) sustained long term growth.

3. What did the Courier-Star accuse the Evening News of?
(a) monopolistic practices.
(b) poor reporting.
(c) making deals with advertisers.
(d) lack of ethics.

4. After graduating from business school, Warren returned to Omaha to work for:
(a) Proctor & Gamble.
(b) Citi Bank.
(c) Omaha National Bank.
(d) Buffett-Falk & Company.

5. Buffett began buying stocks:
(a) for his own account.
(b) for the Buffett foundation.
(c) with bargain prices for Berkshire.
(d) for partners.

Short Answer Questions

1. What event occurred in August 1967?

2. The Nebraska Furniture Mart was owned by:

3. Warren made big profits by engaging in a practice known as:

4. The injunction which the lower court issued was:

5. These kinds of funds in this era were characterized as:

(see the answer key)

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