The Simple Reason Why Warren Buffett Is Successful

On this week's Stock Quiz from Monday's edition of Where the Money Is, Motley Fool financial analysts David Hanson and Tyler Riggs do their worst to stump each other with tricky quiz questions from across the financial sector.

Among the questions are whether Bank of America (NYSE: BAC  ) or Wells Fargo (NYSE: WFC  ) bought back more stock when prices were at their peak in 2007. David and Tyler point out that while Wells Fargo weathered the financial crisis and manage to provide a decent return to shareholders, the bank hasn't been the best capital allocator. The guys also discuss which bank has the largest percentage of demand deposits between Bank of America, JPMorgan Chase (NYSE: JPM  ) and Wells Fargo.

Finally, the two examine just how much Warren Buffett grew Berkshire Hathaway's (NYSE: BRK-A  ) (NYSE: BRK-B  )  book value in the 10-year period following 1999, as the S&P 500 dropped by 9% over the same period.

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