Quiz on lesson ” Warren Buffett’s Top Plays: #23 Scott Fetzer “

1. What were the two largest operations of Scott Fetzer at the time of its purchase by Berkshire Hathaway?

a) Manufacturing of vacuum cleaners and production of encyclopedias

b) Manufacturing of automobiles and production of encyclopedias

c) Manufacturing of vacuum cleaners and production of televisions

2. How much of Warren Buffett’s personal net worth was spent on the purchase of Scott Fetzer?

a) 20%

b) 10%

c) 5%

3. What was the lesson learned from the interaction between the investment banker and Charlie Munger related to Scott Fetzer’s purchase?

a) Always hire an investment banker for business purchases

b) Listen to investment bankers for investment advice

c) Make your own investment decisions and don't listen to investment bankers

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