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TEST 4 – PART 1
Read the text below and choose the correct word for each space.
For
each question, mark the correct answer
A,
B,
C, or
D on your answer sheet.
Questions 1-10.
Warren Buffett is currently the richest person in Q1. world. Q2. the age of 78, he has an estimated
personal fortune of $62 billion, Q3. is entirely self-made. His canny business sense
has earned
Buffett the nickname “The Oracle of Omaha”. Buffet started Q4. the bottom, but eventually
climbed his way up the corporate ladder. He originally worked Q5. a stockbroker before joining an
investment company owned by Benjamin Graham, a securities analyst and Buffett’s Q6. tutor.
Buffett then went on to create “Buffett Partnership Ltd”, an investment partnership. This company
continued to grow year Q7. year, until, in 1965, Buffett took over
the textile firm Berkshire
Hathaway. He expanded the firm into the insurance industry, and used it as an opportunity to
finance Q8. investments. Today Buffett holds shares in well-known companies Q9. “Coca-Cola”,
“American Express”, and “Proctor & Gamble” amongst others. This tycoon remains a
humble yet
intriguing figure. In his life, he has created a vast fortune, yet he lives in the
same house that he
bought in 1958, and pays himself a modest Q10. salary of $100,000. He maintains a frugal lifestyle,
and reportedly does not have a mobile phone or
a computer at his desk, and spends 12 hours a week
playing bridge.
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