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

Multiple Choice Questions

1. How long does Livingston stay in Boston the second time he goes there?
(a) Two weeks.
(b) Six months.
(c) A year.
(d) Two years.

2. What did Livingston do about individual stocks?
(a) Made charts of their ups.
(b) Paid absolutely no attention to them.
(c) Followed them carefully.
(d) Stopped focusing on them.

3. How much money does Livingston make when he first comes back from St. Louis?
(a) He makes a huge amount of money.
(b) He loses money.
(c) He makes a moderate amount of money.
(d) He gains slowly, but steadily.

4. What is an important aspect of trading successfully?
(a) Being willing to bet on even odds.
(b) Having good advice.
(c) Having enough money.
(d) Having patience and waiting for the right moment.

5. Who does the president of the Stock Exchange and the wealthiest bank go to see?
(a) John Rockefellow.
(b) The Railroad Union President.
(c) J. P. Morgan.
(d) The President of America.

Short Answer Questions

1. What does Union Pacific announce that dismays Livingston?

2. What should one do in a bull market?

3. Where is Livingston trading at the start of Chapter V?

4. What is one trait Livingston says a successful stock trader must have?

5. What concerns Livingston in 1906?

(see the answer key)

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