Warren Buffett always told "I never try to make money from the stock market. I buy shares with the assumption that the market will close the next day and will not open for five years". Warren Buffett, one of the world's leading investors, is considered among the richest people in the world and even today people are eager to take his investment tips. According to Forbes' Billionaires Real-Time Ranking, Warren Buffett is the four richest people in the world to date. Born on 20 August 1930, Warren Buffett is also known as an American investor, businessman and social worker. Warren Buffet says the rich person invests in 'time' while the poor person invests in money. Buffets consider the time to be very valuable, what time is given to something or work, this management takes the person forward. Take this awesome trivia quiz about Warren Buffett.
1. He created Buffett Partnership, Ltd in 1956 and his firm eventually acquired a textile manufacturing firm called:
A. Space x
B. Berkshire Hathaway
C. Buffett Partnership
D. All of above
2. Buffett has been the chairman and largest shareholder of Berkshire Hathaway since.
A. Since 1975
B. Since 1971
C. Since 1970
D. Since 1969
3. What was Berkshire Hathaway's original business?
A. Chemical
B. Trading
C. Textile
D. Insurance
4. Warren Buffett's passion for the business was visible right from the early age of 6 yrs. What did he first sell?
A. Used golf balls
B. Chewing gum
C. Coke cans
D. Newspaper
5. In a depressed world of 1941, when Warren Buffett was only 11 yrs old, he declared boldly that he would become a millionaire by age 35. Which book had inspired him to set that goal?
A. One thousand ways to make $1,000
B. Security Analysis
C. The Intelligent Investor
D. Common Stocks
6. When did Warren Buffett file his first income tax return? How much did he pay?
A. 12 yrs, US$ 12
B. 14 yrs, US$ 7
C. 17 yrs, US$ 28
D. 18 yrs, US$ 12
7. Which newspaper did Warren Buffett deliver as a teenager and later held as an investment?
A. The Buffalo News
B. The Washington Post
C. The New York Times
D. None of these
8. Which was the first stock purchase of Warren Buffet?
A. Cities Service Preferred
B. Berkshire Hathaway
C. Marshall-Wells
D. Northern Pacific Railway
9. In 1957, Warren Buffett bought a house too modest for a millionaire. He still lives there. How much did he buy that house for?
A. $ 31,500
B. $35,200
C. $15,300
D. $28,500
10. Who is known as Warren Buffett's "Siamese twin"?
A. Peter Buffett
B. Howard Buffett
C. Bill Gates
D. Charlie Munger
11. Ben Graham once chaired the board of this company, which turned out to be a great investment for Warren Buffett. Which is that company?
A. Government Employees Insurance Company (GEICO)
B. Northern
C. Railway American-Hawaiin Steamship Company
D. Marshall-Wells
12. He has been referred to as the "Oracle" or "Sage" of ___________ by global media outlets.
A. Nebraska
B. Omaha
C. California
D. None of these
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