2. What does Livingston say cornering a market can do to a price?
(a) Influence it.
(b) Nothing.
(c) Make the price go up.
(d) Make the price go down.

3. What does Livingston say a good broker letter should be?
(a) Contain a recent hot tip.
(b) Fairly presented and accurately reflect market conditions.
(c) Be deceitful enough to manipulate a client.
(d) Be brief enough to get someone's interest.

4. What has the market done about charlatans since Livingston has been trading?
(a) Tells the newspapers what stocks are bad.
(b) Weeds them out.
(c) Nothing.
(d) Has them arrested.

5. What does Livingston say is the most important thing?
(a) Be prepared to lose money.
(b) Be prepared to hold stocks for years.
(c) Have a general strategy and stick with it.
(d) Follow your hunches.

6. What does Williamson agree to allow Livingston to do?
(a) He gives him another stake.
(b) Buy 500 shares of one stock.
(c) Open an account with him.
(d) Manipulate the price of cotton.

7. What is a broker letter?
(a) Letter from insiders to traders.
(b) Letter sent to clients advising them to buy or sell a stock.
(c) Letter from clients to brokers.
(d) Letter from brokers to agents.

8. When was the famous stock manipulator active?
(a) About 50 years before Livingston was born.
(b) Early in Livingston's career.
(c) He started working in the middle of Livingston's career.
(d) He was active about 25 years before Livingston started.

9. What does Livingston say broker letters can be?
(a) Incompetent advice.
(b) A way for the lay person to get rich.
(c) Bad advice.
(d) Useful tools.

10. What does Livingston do to retaliate against the insiders?
(a) Sells a bunch of the parent company stock.
(b) Buys all the low priced shares.
(c) Tells all his friends to sell.
(d) Tells the newspaper it's going under.

11. To what does Livingston attribute his success?
(a) Having a lot of friends.
(b) Being in the right place at the wrong time.
(c) Being willing to lose lots of money.
(d) Objectively watching stocks.

12. How was the company Consolidated Stove formed?
(a) By a hostile take over.
(b) Two companies came together.
(c) It was just a regular company named Consolidated Stove.
(d) Combining three other companies.

13. What does Livingston do after the Tropical Trading event?
(a) Retires.
(b) Goes back to Boston.
(c) Marries.
(d) Becomes a stock operator.

14. When is a good time to sell a stock?
(a) When others are selling.
(b) When it reaches its top price.
(c) When the price is rising.
(d) When it is dropping.

15. Why does Livingston say certain stock manipulator practices should be banned?
(a) They have resulted in murder.
(b) They are too complicated.
(c) They result in stolen money.
(d) They hurt the public.