View a FREE sample

This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. When can one only sell stock?
(a) When the company is stable.
(b) When your manager authorizes the sell.
(c) When there's a willing buyer.
(d) When the stock is worth more than paid for.

2. What does Livingston do after receiving advice from his manager?
(a) Buys stock in oil.
(b) Sells all of his corn.
(c) Sells the rest of his Union Pacific stock.
(d) Buys wheat.

3. What does Livingston do after he sold all the stock in Union Pacific and after the earthquake?
(a) Went into index funds.
(b) Started buying Union Pacific again.
(c) Bought a lot of mutual funds.
(d) Went into commodoties.

4. What has happened to Percy recently in the market?
(a) He had withdrawn from the market.
(b) He caused the market to go into a slide.
(c) He made millions.
(d) He lost millions.

5. For what does young Livingston have an excellent memory?
(a) Recipes.
(b) People's names.
(c) Numbers.
(d) Languages.

Short Answer Questions

1. Why is Livingston so good at betting?

2. How much regulation is there in the stock market during Livingston's era?

3. What does Livingston think is his best guide to trading?

4. What is affected the most by timing on Wall Street?

5. How much money did Livingston make on the Union Pacific sell off?

Short Essay Questions

1. What commodities has Livingston been trading and how is that going?

2. What does Livingston say makes a successful stock trader?

3. What does Livingston say about trading every day?

4. What does Livingston see the market doing, what does he think will happen and what does he do about it?

5. What happens when Livingston first comes back from St. Louis?

6. What difference of opinion do Livingston and Percy have and who convinces who?

7. What does Livingston do when he can't bet in Boston and how much money does he have?

8. What job did Livingston have when the book opened and how are stock quotes done?

9. What cotton trader does Livingston meet and what does he propose?

10. What happens in October of 1907?

(see the answer keys)

This section contains 716 words (approx. 3 pages at 300 words per page) View a FREE sample