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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.
Short Answer Questions
1. Why did Livingston refuse the offer of partnership with Percy?
2. Why does Livingston keep losing money on stocks?
3. How does he start out selling Union Pacific?
4. Why is Livingston having a hard time increasing his money?
5. What does the phrase "go long" mean?
Short Essay Questions
1. What does Livingston say again about the bucket shops and Wall Street?
2. What concerns Livingston in 1906 and why?
3. What commodities has Livingston been trading and how is that going?
4. How long does Livingston stay in Boston and then what does he do?
5. What kind of hunch does Livingston talk about in Chapter VI?
6. What job did Livingston have when the book opened and how are stock quotes done?
7. What happens to Livingston in St. Louis?
8. What does Livingston do when he can't bet in Boston and how much money does he have?
9. Why does Livingston take so long to figure out the stock market and what happens then?
10. What does Livingston say must be available in order to sell a stock and why?
Essay Topics
Write an essay for ONE of the following topics:
Essay Topic 1
The young Livingston is fascinated by patterns in the tape and has an excellent memory for numbers. He is able to remember the patterns various stocks normally exhibit well enough to predict their behavior or notice if they act strangely. He records his predictions and compares them to the actual performance of the stocks. Livingston trusts his observations more than tips from others.
1. What would you say about Livingston as a person based on the above paragraph?
2. Livingston is 15-years-old when the book opens. Describe the characteristics you see in Livingston that you would consider typical for a 15 year old and the ones you consider more adult like.
3. Livingston from the brief description above seems like a very organized, possibly even obsessive individual. Discuss the ways you believe this type of personality might do well as a stock broker.
Essay Topic 2
The book, REMINISCENCES OF A STOCK OPERATOR, is considered a classic in business education and is required reading in most business colleges.
1. Why do you think the above statement is true?
2. After reading REMINISCENCES OF A STOCK OPERATOR do you think you understand more of the stock market and the economy than before you read it? Why or why not?
3. Do you think it is too outdated to be of any use to students today? Why or why not?
Essay Topic 3
This book is a work of fiction yet also a thinly disguised biography. Can a book be both fiction and non-fiction?
1. Would you classify this book as a novel or a biography? Why?
2. Research biography and fiction. Write a short essay explaining the difference.
3. Do you think a novel can have so much of the truth in it that it could be classified as non-fiction? Why or why not?
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This section contains 960 words (approx. 4 pages at 300 words per page) |
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