When 7-year-old Warren Buffett said,“I will be the richest man one day,” his friends made fun of his “daydreaming”. But ever since then the little boy has set about learning how to make money by selling drinks, delivering newspaper and buying stocks. The American had already earned $9,000 (equal to $90,000 today) by the time he graduated from high school.
And this month the 78-year-old man, who earned his fortune by making a lot of sound investment in the stock market, took the place of Microsoft founder, Bill Gates, as the world’s richest man. Gates’ worth declined $1.5 billion to $55.5 billion in 33 days after the recent financial storm, according to Forbes Magazine.
Buffett, the only son of a stockbroker, was ready to think outside the box to develop his business from a very early age. At 8, he went to golf courses collecting and selling the used balls. At 11 when he sold soda pop door-to-door with a friend, the pair collected lids on streets to judge which flavor was the most popular.
As a paper boy during high school, Buffett delivered two competitor papers, so that even when customers canceled one of the subscriptions, he could still make a profit from the other. With his paper delivery savings, Buffett bought 162,000 square meters of farmland and collected rent. Young Buffett stepped into the stock market at 11 but earned only $5. The experience taught him one of the virtues in investing, patience.
After graduating from university, Buffett started his venture with stocks with his childhood earnings and money from friends. He researched the stocks and just bought those of solid companies that were undervalued and inexpensive at the time. By sticking to companies such as American Express and Coca-Cola, Buffett has become rich.
“Learning is important to Buffett’s success. He is a learning machine who can spend his entire day reading. He keeps learning from books, street smarts and investigation, from both success and failure. In this way, he over-achieved his aptitude (能力).” said Charlie Munger, his longtime business partner.
1. The passage is mainly about ___________.
A.why Buffett took the place of Bill Gates as the world’s richest man |
B.what effect Buffett’s childhood experiences had on his success |
C.how Buffett earned his fortune and achieved his aptitude |
D.what Buffett dreamt about when he was a child |
2. Which of the following is true about Buffett?
A.His worth is more than $ 55.5 billion now. |
B.He is next to Bill Gates in wealth at the present time. |
C.He achieved great success on stepping into the stock market. |
D.He bought 162,000 square meters of farmland by selling soda pop. |
3. How did Buffett behave at the stock market?
A.He often prefers some inexpensive stocks. |
B.He will buy the stock whose price is lower than its value. |
C.He always borrows money from his friends to buy stocks. |
D.He will sell the stock if its price doesn’t go up. |
4.Which is the main factor that determines Buffett’s success?
A.His education. |
B.His family background. |
C.His desire to learn. |
D.His cooperation with his partner. |
5.What can we infer from the passage?
A.Buffett is an immediate success in the stock market. |
B.Buffett and Gates are business partners. |
C.His father helped him a lot in his business. |
D.Buffett has a good sense of business. |
Directions: Complete the following passage by using ONE word that fits the context.
Because neither she nor her husband smoked, Mrs. Trench was surprised to see cigarette ash on her doorstep as she entered the house. When she opened the living-room door, she was astonished to see a strange man fast 48 in an armchair! Taking care not to disturb him, Mrs. Trench left the house at once. She called a taxi and went 49 to the police station. When she got there, she lost no time to explain _____50 had happened and added that the man 51 have got into the house 52 an open window. Mrs. Trench returned home 53 a police car together with two policemen. But it was too late: the man had disappeared. Hurrying upstairs, she went to her dressing-table. She smiled 54 relief when she saw the only thing that man had taken was an imitation diamond necklace that was almost 55 !
Directions: For each blank in the following passage there are four words or phrases marked A,B,C and D. Fill in each blank with a word or phrase that best fits the context.
Being alone in outer space can be 36 . That is one reason why astronauts on solo(单独的) space flights were given plenty of work to keep them 37 . They were also in constant communication with people on the earth. 38 , being with people from whom you cannot get away might be even harder than being alone. This is what happens on long submarine(潜水艇) voyages. It will also happen on 39 space flights in the future. Will there be special problems of adjustment under such conditions?
Scientists have studied the reactions of men to one another during long submarine voyages. They have also found that the longer the voyage lasts, the more serious the problem of 40 is. When men are 41 together for a long period, they begin to feel 42 . Everyone has little habits of speaking and behaving that are ordinarily acceptable. In the limited space over a long period of time, however, these little habits may become very 43 .
Apparently, although no one wants to be 44 all the time, everyone needs some degree of privacy. When people are enclosed together, they are in what is called stress situation. That means that they are under an unusual amount of 45 or stress.
People who are well-adjusted are able to 46 stress situations better than others. That is one reason why so much care is taken in 47 our astronauts. These men undergo a long period of testing and training. One of the things tested is their behavior under stress, and thus they can do better than ordinary people.
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—Dear, I can find a better job if I go to Germany, maybe.
— Don’t be silly. ________, you know.
A.Actions speak louder than words |
B.A golden key can open any door |
C.A bird in the hand is worth two in the bush |
D.Better late than never |
—Did your classmate accept your invitation?
—No, he ____ refused.
A.as far as |
B.as well as |
C.as soon as |
D.as good as |
In Scandinavian countries it is common ____ for the husband to stay at home to look after the baby.
A.use |
B.practice |
C.sense |
D.idea |