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Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Crash.
Multiple Choice Questions
1. How many partnerships was Warren running by the end of his first year?
(a) five.
(b) four.
(c) three.
(d) nine.
2. In the 1980-84 period, insurance companies:
(a) stopped paying claims.
(b) stopped accepting new business.
(c) none of the above.
(d) cut premiums trying to maintain market share.
3. What was one of Buffett's first possessions that had to do with money?
(a) a nickel-coated money changer.
(b) a money clip.
(c) a wallet.
(d) a piggy bank.
4. Buffett's goal, as stated to his partners, was to:
(a) beat the Dow by an average of ten points per year.
(b) achieve a 10% rate of return.
(c) make them wealthy.
(d) purchase blue chip stocks.
5. When did Buffett and Munger buy the Buffalo Evening News?
(a) 1976.
(b) 1974.
(c) 1978.
(d) 1980.
Short Answer Questions
1. While living in Washington DC, Warren worked as a:
2. In early 1967, Buffett advised his partners that:
3. What was the result of Warren's first year of partnership?
4. The injunction which the lower court issued was:
5. Why did Buffett buy into Cap Cities?
This section contains 264 words (approx. 1 page at 300 words per page) |
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