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

Multiple Choice Questions

1. Warren made big profits by engaging in a practice known as:
(a) stock splitting.
(b) arbitrage.
(c) leveraged buyouts.
(d) back room trading.

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

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

4. Warren attended graduate school at:
(a) University of Chicago.
(b) Harvard.
(c) Columbia.
(d) Princeton.

5. How did Buffett view investments and taxes?
(a) the object should be to achieve the largest after tax rate of compound.
(b) tax avoidance is the reason for investing.
(c) investments are made for tax purposes.
(d) the goal is to minimize taxes.

Short Answer Questions

1. What company did the partnership buy that Warren became chairman of?

2. What problems did Buffett have making investments in the mid-1960s?

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

4. Warren did not want to attend college because:

5. What was one of the stocks that Warren bought and promoted while at Buffett-Falk?

(see the answer key)

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