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

Multiple Choice Questions

1. What was the most important aspect of American Express?
(a) its name.
(b) its dividends.
(c) its history.
(d) its assets.

2. What did Warren vow after his involvement with Dempster?
(a) he would never lay off people again.
(b) he wanted to start a new company.
(c) he liked the experience.
(d) he wanted to be a liquidator.

3. At the 1968 meeting of his friends, who was not invited?
(a) Ben Graham.
(b) Bill Ruane.
(c) Charlie Munger.
(d) Carl Ican.

4. What was one of the stocks that Warren bought and promoted while at Buffett-Falk?
(a) Kimberly Clark.
(b) Proctor & Gamble.
(c) GEICO.
(d) Standard Oil.

5. Every year, Warren and Susie would:
(a) travel to Europe.
(b) host a dinner for the investors.
(c) travel to New York.
(d) shop in Beverly Hills.

Short Answer Questions

1. Buffett communicated with partners:

2. Buffett told his partners all but the following:

3. What event occurred in August 1967?

4. In what simple way did Buffett find that people were still using their American Express cards?

5. Warren did not want to attend college because:

(see the answer key)

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