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

Multiple Choice Questions

1. Buffett bought enough of Berkshire to:
(a) bring on a lawsuit.
(b) to anger his other partners.
(c) sit on the board.
(d) arouse the curiousity of the press.

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

3. Which of the following was not some thing that Howard Buffett was against?
(a) the Bretton Woods monetary scheme.
(b) protecting US savings bond owners against inflation.
(c) European grain exports.
(d) school lunch programs.

4. The salad oil owned by an American Express subsidiary was:
(a) mostly seawater.
(b) high quality salad oil.
(c) oversold.
(d) stolen.

5. What was important to the young Warren?
(a) games.
(b) schools.
(c) making money and watching it grow.
(d) books.

Short Answer Questions

1. Warren purchased his first stocks at the age of:

2. What did Warren's father tell him when he returned from running away?

3. What did Warren do with some of the profits from his paper route?

4. What is the main qualification for buying a stock?

5. What term can be used to characterize Warren at this age?

(see the answer key)

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