Early Life Of Warren Buffett Quiz

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Quizzes Created: 810 | Total Attempts: 1,120,618

Questions: 10 | Attempts: 166 | Updated: Dec 18, 2023

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Early Life Of Warren Buffett Quiz - Quiz

Warren Buffett is one of the most successful investors in the world. Warren Buffett was born August 30, 1930. At 7, he was inspired by the book called "One thousand ways to make $1,000". He is referred to as the "Sage" of Omaha by the global media outlet. This short quiz will test your knowledge of what you know about Warren Buffett.

Questions and Answers

1.

What did he study at Columbia University?
- A.
  
  Economics
- B.
  
  Political Science
- C.
  
  Accounting
- D.
  
  Human Resources
Correct Answer
A. Economics

Explanation
He studied Economics at Columbia University.

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2.

Which of the following schools rejected him?
- A.
  
  Harvard Business School
- B.
  
  Oxford University
- C.
  
  Standford University
- D.
  
  University of New Jersey
Correct Answer
A. Harvard Business School

Explanation
The given question asks which schools rejected him. The answer is Harvard Business School, as it can be inferred from the list of schools provided.

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3.

When did he gain admission to the University of Pennsylvania?
- A.
  
  1947
- B.
  
  1957
- C.
  
  1988
- D.
  
  1940
Correct Answer
A. 1947

Explanation
In this question, the correct answer is 1947. This means that the person gained admission to the University of Pennsylvania in 1947.

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4.

What was his position at Buffett Falk & Co.?
- A.
  
  Investment Salesman
- B.
  
  Managing director
- C.
  
  Accountant
- D.
  
  Securities Analysts
Correct Answer
A. Investment Salesman

Explanation
The correct answer is Investment Salesman. This suggests that the person's position at Buffett Falk & Co. was that of an investment salesman. This role involves selling investment products and services to clients, providing them with advice and recommendations on investment opportunities. As an investment salesman, the person would have been responsible for building relationships with clients, understanding their investment goals, and assisting them in making informed investment decisions.

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5.

What was his position at Graham Newman Corp?
- A.
  
  Securities Analysts
- B.
  
  Accountant
- C.
  
  Sales Director
- D.
  
  Financial Analyst
Correct Answer
A. Securities Analysts

Explanation
The correct answer is Securities Analysts. This position involves conducting research and analysis on various securities, such as stocks and bonds, to provide investment recommendations to clients or the company. They analyze financial statements, market trends, and economic data to assess the value and potential risks of different securities. Securities analysts play a crucial role in helping investors make informed decisions and maximize their returns.

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6.

When did he discover that Graham was on the board of GEICO insurance?
- A.
  
  1952
- B.
  
  1950
- C.
  
  1955
- D.
  
  1945
Correct Answer
A. 1952
7.

What was his starting salary at Benjamin Graham's partnership?
- A.
  
  $12,000 per annum
- B.
  
  $22,000 per annum
- C.
  
  $11,000 per annum
- D.
  
  $10,000 per annum
Correct Answer
A. $12,000 per annum

Explanation
The starting salary at Benjamin Graham's partnership was $12,000 per annum.

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8.

When did he accept the job at Benjamin Graham's partnership?
- A.
  
  1954
- B.
  
  1989
- C.
  
  1944
- D.
  
  1950
Correct Answer
A. 1954
9.

What is the name of his first child with Susan Thompson?
- A.
  
  Susan Alice
- B.
  
  Anne Boleyn
- C.
  
  Mary Howard
- D.
  
  Jane Seymour
Correct Answer
A. Susan Alice

Explanation
The correct answer is Susan Alice. This answer is correct because it states the name of his first child with Susan Thompson.

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10.

When did Benjamin Graham retired and closed his partnership?
- A.
  
  1980
- B.
  
  1956
- C.
  
  1945
- D.
  
  1940
Correct Answer
B. 1956

Explanation
Benjamin Graham retired and closed his partnership in 1956. This indicates that he stopped actively managing investments and dissolved his business at that time.

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