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This quiz consists of 5 multiple choice and 5 short answer questions through Howie Buffett's Corn.

Multiple Choice Questions

1. Buffett differed from other CEOs in that he:
(a) he did most of his work at home.
(b) he did not have an office.
(c) did not have a structured appointments schedule.
(d) he hired a variety of secretaries.

2. Which of the following was not a reason why Warren didn't move to Southern California?
(a) he would have to leave his long-time secretary.
(b) he didn't want to leave the familiarity of Omaha.
(c) his anger at Susie.
(d) he would have to change his routine.

3. What term is used to denote risk?
(a) beta.
(b) theta.
(c) alpha.
(d) gamma.

4. Which of the following companies was the object of a hostile takeover in the 1980s?
(a) General Goods.
(b) Berkshire.
(c) Time.
(d) Revlon.

5. Susie's absence made life:
(a) difficult for Warren.
(b) game Warren more freedom.
(c) made Warren happier.
(d) made Warren more self-sufficient.

Short Answer Questions

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

2. Warren educated himself in all but the following ways:

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

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

5. At the end of 1986, the approximate share price of Berkshire was?

(see the answer key)

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