Quiz on lesson ” Warren Buffett’s Top Plays: #4 American Express “

1. Why did American Express release its credit card?

A) To protect its business from the threat of Diners Club

B) To increase its market share

C) To attract more customers

2. What was Warren Buffett’s reason for investing in American Express in the mid-1960s?

A) Its strong business franchise

B) Its low stock price

C) Its potential for growth

3. How did Warren Buffett estimate the return on his investment in American Express in the mid-1960s?

A) 140%

B) 100%

C) 200%

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