Warren Buffett: The Oracle Of Omaha! Trivia Quiz

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AdewumiKoju

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Quizzes Created: 810 | Total Attempts: 967,803

Questions: 10 | Attempts: 143 | Updated: Mar 22, 2023

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Warren Buffett: The Oracle Of Omaha! 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.

How old is Warren Buffett?
- A.
  
  98
- B.
  
  80
- C.
  
  88
- D.
  
  89
Correct Answer
D. 89

Explanation
Warren Buffett is currently 89 years old.

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2.

Who urged him not to work on Wall Streets?
- A.
  
  His professor
- B.
  
  His father
- C.
  
  His mother
- D.
  
  His math teacher
Correct Answer
B. His father

Explanation
His father urged him not to work on Wall Streets.

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3.

When did he acquire the Washington post company stock?
- A.
  
  1973
- B.
  
  1980
- C.
  
  1978
- D.
  
  1965
Correct Answer
A. 1973

Explanation
In 1973, he acquired the Washington Post company stock.

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4.

Which of the following did he ventures in when he started Business?
- A.
  
  Selling Pepsi
- B.
  
  Selling Cocaine
- C.
  
  Selling Coca-Cola bottles
- D.
  
  Selling Vitamins
Correct Answer
C. Selling Coca-Cola bottles

Explanation
The correct answer is Selling Coca-Cola bottles. This answer is supported by the fact that the question asks about what he ventured into when he started his business. Selling Coca-Cola bottles would be a logical choice as it is a well-known and popular beverage. The other options, selling Pepsi, selling cocaine, and selling vitamins, do not have the same level of credibility or alignment with a typical business venture.

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5.

Who found Warren Buffett to be an extraordinary man after spending fifteen minutes with him?
- A.
  
  David Thomas
- B.
  
  William Wallace
- C.
  
  Lorimer Davidson
- D.
  
  Benjamin Graham
Correct Answer
C. Lorimer Davidson

Explanation
Lorimer Davidson found Warren Buffett to be an extraordinary man after spending fifteen minutes with him.

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6.

Where did he borrow the book that inspired him?
- A.
  
  Italy
- B.
  
  Omaha public library
- C.
  
  Colombia University
- D.
  
  Nebraska
Correct Answer
B. Omaha public library

Explanation
The correct answer is Omaha public library. This suggests that he borrowed the book from the Omaha public library, which inspired him.

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7.

What did Warren Buffett write in his senior yearbook picture?
- A.
  
  Invest all
- B.
  
  Money
- C.
  
  Like Math; future stockbroker
- D.
  
  I love making money
Correct Answer
C. Like Math; future stockbroker

Explanation
Warren Buffett wrote "Like Math; future stockbroker" in his senior yearbook picture. This suggests that he had a fondness for mathematics and saw himself pursuing a career as a stockbroker in the future. This statement also reflects his belief in the importance of analytical thinking and logical decision-making, which are key aspects of both math and stockbroking.

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8.

Who did Warren Buffett endorse in the 2016 presidential election?
- A.
  
  Donald Trump
- B.
  
  Hillary Clinton
- C.
  
  Ben Carson
- D.
  
  Michelle Obama
Correct Answer
B. Hillary Clinton

Explanation
Warren Buffett endorsed Hillary Clinton in the 2016 presidential election.

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9.

His investment philosophy is molded around which of the following concept?
- A.
  
  Scarcity
- B.
  
  Equilibrium
- C.
  
  Value investing
- D.
  
  Gold
Correct Answer
C. Value investing

Explanation
The correct answer is Value investing. Value investing is an investment strategy that involves buying undervalued stocks or assets with the expectation that their value will increase over time. This philosophy focuses on finding stocks that are trading below their intrinsic value and holding them for the long term. By identifying companies that are currently undervalued by the market, investors can potentially benefit from their future growth and profitability.

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10.

Who was the pioneer of his investment philosophy?
- A.
  
  Barack Bush
- B.
  
  Bill Gates
- C.
  
  Benjamin Graham
- D.
  
  Adam Smith
Correct Answer
C. Benjamin Graham

Explanation
Benjamin Graham is considered the pioneer of his investment philosophy. He was a renowned economist and investor who developed a value investing approach. Graham's investment philosophy emphasized the importance of fundamental analysis and buying stocks at a discount to their intrinsic value. His book, "The Intelligent Investor," is considered a classic in the field of investing and has influenced many successful investors, including Warren Buffett. Graham's ideas and principles have had a significant impact on the field of investing and continue to be widely studied and followed today.

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