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

Multiple Choice Questions

1. Buffett told his partners all but the following:
(a) he could help place their money in municipal bonds.
(b) he would not act as their financial counsel.
(c) he recommended Sequoia Fund.
(d) he would continue to manage their money.

2. What kind of stocks were most popular at this time?
(a) huge conglomerates.
(b) high tech.
(c) blue chip.
(d) small companies.

3. Warren worked on all of the following during this period:
(a) the family grocery business.
(b) Buffett-Falk.
(c) teaching in night school.
(d) a Dale Carnegie course.

4. Regarding his textile mills, in the early 1980s, Buffett:
(a) continued to operate at a loss.
(b) closed them.
(c) made large capital investments.
(d) sold them.

5. How many people worked at Berkshire's world headquarters:
(a) eleven.
(b) twenty seven.
(c) fifty.
(d) two hundred fifty.

Short Answer Questions

1. Buffett gained total control of Berkshire in:

2. Buffett began buying Berkshire-Hathaway stock in:

3. The SEC inquiry was concerned with:

4. Throughout his years in school, Buffett said he would live in:

5. Warren first ran away at the age of:

(see the answer key)

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