Learn Investing Strategy From Warren Buffett! Trivia Quiz

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Quizzes Created: 810 | Total Attempts: 1,034,367

Questions: 10 | Attempts: 142 | Updated: Mar 18, 2023

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Learn Investing Strategy From Warren Buffett! Trivia Quiz - Quiz

Warren Buffett is the chairman and CEO of Berkshire Hathaway. Warren is one of the most successful investors in the world. His present net worth of US$82 billion makes him the third-wealthiest person in the world. This short quiz will test your knowledge of what you know about Warren Buffett.

Questions and Answers

1.

When was Berkshire Hathaway founded?
- A.
  
  1892
- B.
  
  1839
- C.
  
  1838
- D.
  
  1840
Correct Answer
B. 1839

Explanation
Berkshire Hathaway was founded in 1839.

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2.

When did he become a billionaire?
- A.
  
  May 29, 1990
- B.
  
  April 23, 1998
- C.
  
  March 13, 1995
- D.
  
  June 17, 1996
Correct Answer
A. May 29, 1990
3.

When did Buffett begin to buy The Coca-Cola Company?
- A.
  
  1980
- B.
  
  1987
- C.
  
  1988
- D.
  
  1990
Correct Answer
A. 1980

Explanation
Buffett began to buy The Coca-Cola Company in 1980.

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4.

What is the worth of the forward contracts to deliver U.S dollars against other currencies?
- A.
  
  $11 Billion
- B.
  
  $11 Million
- C.
  
  $5,000
- D.
  
  $400,000
Correct Answer
A. $11 Billion

Explanation
The worth of the forward contracts to deliver U.S dollars against other currencies is $11 billion.

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5.

When did he reveal that 35% of the partnership' assets were invested in the Sanborn Map Company?
- A.
  
  1960
- B.
  
  1961
- C.
  
  1964
- D.
  
  1974
Correct Answer
B. 1961

Explanation
In 1961, he revealed that 35% of the partnership's assets were invested in the Sanborn Map Company.

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6.

What did he study at Columbia University?
- A.
  
  Economics
- B.
  
  Political science
- C.
  
  Accounting
- D.
  
  Anatomy
Correct Answer
A. Economics

Explanation
He studied Economics at Columbia University.

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7.

When did Charlie Munger become the vice president of the Berkshire Hathaway company?
- A.
  
  1960
- B.
  
  1978
- C.
  
  1960
- D.
  
  1970
Correct Answer
B. 1978

Explanation
Charlie Munger became the vice president of Berkshire Hathaway in 1978.

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8.

What was his position at Graham Newman Corp?
- A.
  
  CEO
- B.
  
  Vice-Chairman
- C.
  
  Chairman
- D.
  
  Securities Analysts
Correct Answer
D. Securities Analysts

Explanation
The given question asks about the position held by the person at Graham Newman Corp. The correct answer, "Securities Analysts," suggests that the person's role or job title at the company was related to analyzing securities.

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9.

When did he discover that Graham was on the board of GEICO insurance?
- A.
  
  1960
- B.
  
  1962
- C.
  
  1952
- D.
  
  1950
Correct Answer
C. 1952
10.

What was his starting salary at Benjamin Graham's partnership?
- A.
  
  $75,000 per annum
- B.
  
  $12,000 per annum
- C.
  
  $25,000 per annum
- D.
  
  $120,000 per annum
Correct Answer
B. $12,000 per annum

Explanation
The correct answer is $12,000 per annum. This means that his starting salary at Benjamin Graham's partnership was $12,000 per year.

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