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Question
Four of the last five stocks your investment adviser recommended have outperformed the market.Thus, you believe that if you continue to follow her advice, that 80 percent of your investments will outperform the market over the long term. This belief is based on the:
A. gambler's fallacy.
B. law of small numbers.
C. law of large numbers.
D. clustering illusion.
E. positive performance illusion.
Answer
This answer is hidden. It contains 15 characters.
Related questions
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Q:
Which one of the following statements regarding an original issue $25,000 GNMA bond is correct?
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Q:
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Q:
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Q:
An analyst gathered the following year-end price level data for an economy. What is the economy's annual inflation rate for 2012?A. 3.22%B. 3.42%C. 3.68%D. 3.87%E. 3.92%
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Assume the inflation rate in 2012 is 2.1 percent. If the nominal GDP grew 3.2 percent and nominal wages grew 2.6 percent, what are the approximate real growth rates of GDP and wages?
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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A. 28 percent
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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