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This quiz consists of 5 multiple choice and 5 short answer questions through Salomon's Court.

Multiple Choice Questions

1. Following Buffett's advice, the Post:
(a) lost money.
(b) expanded its operations.
(c) greatly increased its return on equity.
(d) attracted new readers.

2. Which of the following was not some thing that Howard Buffett was against?
(a) European grain exports.
(b) the Bretton Woods monetary scheme.
(c) protecting US savings bond owners against inflation.
(d) school lunch programs.

3. Warren increased his paper route by:
(a) his route was big enough.
(b) adding the Times-Herald to his Washington Post route.
(c) asking for a new bigger territory.
(d) going door-to-door for subscriptions.

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

5. Every year, Warren and Susie would:
(a) host a dinner for the investors.
(b) travel to Europe.
(c) travel to New York.
(d) shop in Beverly Hills.

Short Answer Questions

1. His best childhood friend was___________.

2. How many partnerships was Warren running by the end of his first year?

3. Buffett wanted his money to be used for:

4. Buffett gained total control of Berkshire in:

5. The Nebraska Furniture Mart was owned by:

(see the answer key)

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