Quiz on lesson ” Warren Buffett’s Top Plays: #2 Blue Chip stamps “

1. Why was Blue Chip Stamps particularly useful for Buffett and Charlie Munger as an investment vehicle?

A. Its reputation

B. Its trading stamps business

C. Its float

2. How much money was the total purchasing price of Blue Chip’s core business from 1968 to 1974?

A. $19.4 million

B. $1.5 million

C. $26 million

3. How did Blue Chip contribute to the success of Berkshire Hathaway and Buffett’s net worth?

A. By expanding its core business

B. By multiplying the capital allocated to other businesses

C. By increasing sales

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