View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Berkshire Hathaway.

Multiple Choice Questions

1. Warren made big profits by engaging in a practice known as:
(a) back room trading.
(b) arbitrage.
(c) leveraged buyouts.
(d) stock splitting.

2. According to the terms offered to the Davises, what percent of the profits would Warren receive?
(a) 15%.
(b) 25%.
(c) 50%.
(d) 30%.

3. How many partnerships was Warren running by the end of his first year?
(a) nine.
(b) four.
(c) five.
(d) three.

4. Warren increased his paper route by:
(a) going door-to-door for subscriptions.
(b) his route was big enough.
(c) adding the Times-Herald to his Washington Post route.
(d) asking for a new bigger territory.

5. Why did Warren complete a Dale Carnegie course after completing business school?
(a) he was looking to make contacts for his stock sales.
(b) he was bored.
(c) to master his fear of public speaking.
(d) it would look impressive on his resume.

Short Answer Questions

1. What did Warren vow after his involvement with Dempster?

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

3. Graham and Dodds did work in:

4. In early 1967, Buffett advised his partners that:

5. What company did the partnership buy that Warren became chairman of?

(see the answer key)

This section contains 244 words (approx. 1 page at 300 words per page) View a FREE sample