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This quiz consists of 5 multiple choice and 5 short answer questions through Return of the Native.

Multiple Choice Questions

1. Graham and Dodds did work in:
(a) selling and marketing.
(b) commodity futures.
(c) business management.
(d) stock valuation.

2. What company did the partnership buy that Warren became chairman of?
(a) Dempster.
(b) National American Fire Insurance.
(c) Sanford Map.
(d) Control Data.

3. Warren Buffett was born in___________.
(a) Kansas City, Nebraska.
(b) Chicago, Illinois.
(c) Omaha, Nebraska.
(d) Memphis, Tennessee.

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

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

Short Answer Questions

1. Why did the Buffetts move to New York in 1954?

2. A cotton mill was established in New Bedford in:

3. Buffett began buying Berkshire-Hathaway stock in:

4. What did Buffett worry about at the age of twenty six when he had little money?

5. What is the value of diversification?

(see the answer key)

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