Test your knowledge

Choose wisely. There is only one correct answer to each question.

0%
Keep studying!
Review your answers below to learn more.
1.
Whom did Bill Ruane study under?
Choose wisely. There is only one correct answer.
Ben Graham. Ruane studied under Graham.
2.
Charlie Munger advised investors to learn many different facets of a business they might want to invest in.
Choose wisely. There is only one correct answer.
True. This helps them to better understand the economics of a certain business, which in turn can help them avoid shortsightedness.
3.
To estimate a company's intrinsic value, Bill Nygren and his colleagues use _______.
Choose wisely. There is only one correct answer.
Discounted cash-flow analysis. Nygren uses this and other methods.
4.
As an investor, Bill Miller mixed _______.
Choose wisely. There is only one correct answer.
Growth stocks with value stocks. In fact, he was often called a growth investor in a value investor's clothing.
5.
Ralph Wanger is known for investing according to _______.
Choose wisely. There is only one correct answer.
Themes. For example, if money is accumulating in one part of the world, he would look into businesses that serve that part of the world.
6.
A good description of the stocks that Marty Whitman liked to buy would be "distressed and beaten up."
Choose wisely. There is only one correct answer.
True. He looked for stocks that had suffered greatly and then bought them cheaply.