|Name: _________________________||Period: ___________________|
This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. To what does Livingston attribute his success?
2. What happens to Livingston after his dealings with Percy Thomas?
3. What does Livingston notice about the price of Tropical Trading stock?
4. Why does Livingston say that after 25 years playing the market, it has become more difficult?
5. What does one have to do with profit on paper?
Short Essay Questions
1. What does Livingston notice about the price of Tropical Trading and what does he do about it?
2. How does Livingston feel about tips and to what does he attribute his success?
3. What does Livingston say about selling stocks on a payment plan and stock splits?
4. How does Livingston think James R. Keene would do in the market of Livingston's era.
5. What does Livingston do when he returns to New York?
6. How does Livingston feel about hunches?
7. What does Livingston begin to do for a living?
8. What does Livingston say about forces that can cause plans to go wrong?
9. What does Livingston say about the press and insider trading?
10. What does Livingston warn about various conditions that affect the market?
Write an essay for ONE of the following topics:
Essay Topic 1
Livingston is flat broke and becomes ill. He goes to Chicago to recover. He wonders how he made so many mistakes. He goes back to New York.
1. What do you think the typical person would do if she/he were in Livingston's position?
2. Why do you think Livingston has continued to make mistakes in his trading? Use examples from the book to support your answer.
3. Given that Livingston is flat broke yet again, still he returns to New York. Why do you think Livingston keeps trying?
Essay Topic 2
This book is a work of fiction yet also a thinly disguised biography. Can a book be both fiction and non-fiction?
1. Would you classify this book as a novel or a biography? Why?
2. Research biography and fiction. Write a short essay explaining the difference.
3. Do you think a novel can have so much of the truth in it that it could be classified as non-fiction? Why or why not?
Essay Topic 3
Livingston, though still losing money, is making enough money to live on, which only delays the inevitable need to learn new trading techniques.
1. Explain why having enough money to live on would delay Livingston learning the stock broker trade.
2. If one has a natural talent for a musical instrument and can play it somewhat when first trying what do you think would be the equivalent for farther learning of the musical instrument if the situation was an analogy for the statement above?
3. If the above statement is true do you think it would mean mediocrity can get in the way of greatness? Why or why not?
This section contains 946 words
(approx. 4 pages at 300 words per page)