View a FREE sample

This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. Every year, Warren and Susie would:

2. Warren Buffett was born in___________.

3. The SEC inquiry was concerned with:

4. What did Buffett worry about at the age of twenty six when he had little money?

5. What did Buffett say he was putting his money into?

Short Essay Questions

1. Why did Buffett want to study with Graham?

2. What were Buffett's plans for Berkshire?

3. How did Warren handle investments for others? What were his terms?

4. What was Warren interested in as a child?

5. What brought on the SEC investigation of Buffett and Munger?

6. What did Buffett do from 1969 - 1973?

7. What was Berkshire-Hathaway?

8. How did Buffett's partnership do in their first five years?

9. What did Buffett conclude about American Express

10. What were Warren's classmates' views of him?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Buffett didn't like losses but like anyone in business, he suffered his failures and losses. How did Buffett deal with failures and business losses? What did they signify to him?

Essay Topic 2

What are the points mentioned in Buffett's guide to selecting stocks? What kind of business did Buffett prefer? Why?

Essay Topic 3

How did Buffett prosper during the insurance market problems in the 1990s? What did he do that others didn't? Explain the concept of float and how it applied to insurance companies in your answer.

(see the answer keys)

This section contains 572 words (approx. 2 pages at 300 words per page) View a FREE sample