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

Multiple Choice Questions

1. What does Livingston think is his best guide to trading?
(a) The Fortune 500.
(b) Standard and Poor's index of stock.
(c) What happens in Washington D.C.
(d) Himself.

2. What does experience give a successful stock trader?
(a) A job.
(b) Respect.
(c) Friends.
(d) Learning.

3. What does Livingston want to do when he sees the market rallying?
(a) Prove it's only temporary.
(b) Not do anything.
(c) Switch to bonds.
(d) Buy a lot of stock.

4. What do some people claim about a newspaper article that helped Livingston?
(a) The newspaper interviewed him for it.
(b) His brother wrote it.
(c) He engineered it.
(d) His wife wrote it.

5. Where does Livingston go after the dealings with Percy?
(a) Boston.
(b) Atlanta.
(c) Washington D.C.
(d) Chicago.

Short Answer Questions

1. What does Livingston do about his concerns in 1906?

2. What is one of the main problems of people paying you to do something on the market?

3. How does Livingston start his job with Imperial Steel?

4. What does Livingston figure out he has to do to make a lot of money?

5. What does Livingston believe about the cotton market when he and Percy are discussing it?

(see the answer key)

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