Warren Buffett: The Most Successful Investors Quiz!

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AdewumiKoju

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Quizzes Created: 951 | Total Attempts: 894,632

Questions: 10 | Attempts: 129 | Updated: Mar 14, 2023

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Warren Buffett: The Most Successful Investors 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 was Buffett's personal savings in 1956?
- A.
  
  Below $174,000
- B.
  
  Over $180,000
- C.
  
  Over $14,000
- D.
  
  Over $174,000
Correct Answer
D. Over $174,000

Explanation
The question asks for Buffett's personal savings in 1956. The answer "Over $174,000" indicates that his personal savings exceeded that amount in that year.

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2.

When was Peter Andrew born?
- A.
  
  1958
- B.
  
  1950
- C.
  
  1940
- D.
  
  1941
Correct Answer
A. 1958
3.

How many partnerships did Buffett operate in 1957?
- A.
  
  4
- B.
  
  3
- C.
  
  9
- D.
  
  2
Correct Answer
B. 3

Explanation
In 1957, Buffett operated in 3 partnerships. This means that he had established and was actively involved in three separate business ventures or collaborations during that year.

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4.

When did he reveal that 35% of the partnership' assets were invested in the Sanborn Map Company?
- A.
  
  1960
- B.
  
  1951
- C.
  
  1961
- D.
  
  1988
Correct Answer
C. 1961
5.

How much did Berkshire purchase the Buffalo Evening News?
- A.
  
  $32 million
- B.
  
  $52 million
- C.
  
  $7 million
- D.
  
  $32.5 million
Correct Answer
D. $32.5 million

Explanation
Berkshire purchased the Buffalo Evening News for $32.5 million.

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6.

When did Buffett begin to buy The Coca-Cola Company?
- A.
  
  1988
- B.
  
  1966
- C.
  
  1977
- D.
  
  1999
Correct Answer
A. 1988

Explanation
Buffett began to buy The Coca-Cola Company in 1988.

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7.

How many percentages of Coca-Cola stock does Buffett own?
- A.
  
  7%
- B.
  
  4%
- C.
  
  2%
- D.
  
  6%
Correct Answer
A. 7%

Explanation
Buffett owns 7% of Coca-Cola stock.

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8.

When did he become a billionaire?
- A.
  
  May 29, 1990
- B.
  
  March 13, 1995
- C.
  
  November 23, 1990
- D.
  
  June 17, 1997
Correct Answer
A. May 29, 1990
9.

When did he begin to acquire stocks in the Washington Post Company?
- A.
  
  1973
- B.
  
  1963
- C.
  
  1953
- D.
  
  1933
Correct Answer
A. 1973

Explanation
In 1973, he began to acquire stocks in the Washington Post Company.

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10.

What is the name of his first child with Susan?
- A.
  
  David
- B.
  
  Peter
- C.
  
  Helen
- D.
  
  Susan
Correct Answer
D. Susan

Explanation
The question is asking for the name of the person's first child with Susan. The answer is Susan, which implies that the person named Susan is their first child together.

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