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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter IX.

Multiple Choice Questions

1. What happens shortly after he starts selling Union Pacific stock by the thousands?
(a) The San Francisco tidal wave.
(b) The San Francisco earthquake.
(c) The San Francisco fire.
(d) Nothing happens.

2. Why does it take Livingston so long to understand how to trade?
(a) He is too confident in his own methods.
(b) He won't listen to his mentor.
(c) He hates to study hard.
(d) He enjoys it so much he doesn't pay attention.

3. How much money did Livingston make on the Union Pacific sell off?
(a) $150,000.
(b) $75,000.
(c) $250,000.
(d) $100,000.

4. Where is Livingston trading at the start of Chapter V?
(a) Charles Tantion's.
(b) Fullerton's.
(c) He's self-employed.
(d) Desmond & Rafferty's.

5. What do the banks ask Livingston to not do during the panic of 1907?
(a) Buy any more stock.
(b) Sell commodities.
(c) Buy mutual funds.
(d) Sell any more stock.

Short Answer Questions

1. How does Livingston portray himself to the small exchanges?

2. What is Livingston's job at a bucket shop?

3. What fascinates the young Livingston?

4. What does Roberts suggest to Livingston?

5. Why doesn't Livingston learn the new techniques for betting on Wall Street?

(see the answer key)

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