Warren Buffett's Investment Philosophy

At what age did Warren Buffett start investing?

• 8

• 9

• 7

• 11

What book set the philosophical framework for Warren Buffett's investing?

• The Intelligent Investor

• Investing 101

• The Art of Stock Trading

• The Stock Market for Dummies

According to Warren Buffett, how should an investor react to stock market fluctuations?

• Ignore the fluctuations

• React emotionally

• Sell all stocks immediately

• Follow the crowd

What is the first principle in Warren Buffett's investment philosophy?

• Stock market is there to instruct you

• Stocks are just ticker symbols

• A stock is part of a business

• Stock prices are always accurate

What is an example of enduring competitive advantage according to Warren Buffett?

• A business with temporary advantage

• A company with no competition

• A business with a big moat around it

• A new burger joint in town

What kind of management does Warren Buffett look for in a business?

• Inexperienced and honest

• Experienced and honest

• Experienced and dishonest

• Inexperienced and dishonest

What is the third principle in Warren Buffett's investment philosophy?

• High risk, high reward

• Margin of safety

• Always follow the crowd

• Never invest in stocks

How many good ideas does Warren Buffett suggest a person needs in their lifetime to get very rich?

• 10

• 20

• 30

• 40