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

Multiple Choice Questions

1. What did Buffett advise his partners of in May 1967?
(a) Buffett Partnership was facing huge losses.
(b) he was liquidating Buffett Partnership.
(c) he was turning Buffett Partnership into a Performance Fund.
(d) the partnership would go on without him.

2. The Buffett children describe their mother as:
(a) outgoing.
(b) lenient.
(c) moody.
(d) friendly.

3. The Buffett family owned and operated a ___________.
(a) corn farm.
(b) grocery store.
(c) general store.
(d) cattle ranch.

4. While reaching Ben Graham, Warren learned about a company called:
(a) GEICO.
(b) AT&T.
(c) State Farm Insurance.
(d) Kimberly-Clark.

5. In what simple way did Buffett find that people were still using their American Express cards?
(a) he sat in a restaurant and watched how people paid thier bills.
(b) he contacted the chairman of the board.
(c) he hired an analyst to perform research
(d) he hired a market research firm to perform a survey.

Short Answer Questions

1. What event occurred in August 1967?

2. Buffett became a director on the board of the Post in:

3. As a result of the end of the Go Go era:

4. Buffett gained total control of Berkshire in:

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

(see the answer key)

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