Wanna Win a Free Book?

The human body has an estimated 100 trillion cells. How many of these are "foreign" bacteria?

10 trillion
1 trillion
100 million
10 million
1 million

One of the surprise findings of the human genome project, which successfully sequenced our DNA code, was that we had the following number of genes:

100,000
70,000
30,000
10,000
5,000

Water Vapour
Methane
Carbon Dioxide
Ozone

Efficient Market Hypothesis, Capital Asset Pricing Model, Modern Portfolio Theory, Options Pricing, and Random Walk are associated withe the following, respectively.

Sharpe, Markowitz, Fama, Black-Sholes, Bachelier
Fama, Sharpe, Bachelier, Black-Sholes, Markowitz
Fama, Markowitz, Sharpe, Black-Sholes, Bachelier
Fama, Sharpe, Markowitz, Black-Sholes, Bachelier

Cling tenaciously to a view or forecast
Be influence by expert opinions
Follow rules of thumb
Give exaggerated weight to new information that agrees with their existing point of view
Experience a mental conflict when presented with evidence that their beliefs or assumptions are wrong, leading to self denial.

Singapore's new IRs will mean easy money!
Knowing the odds can help you win at blackjack.
After ten red spins of the roulette wheel, black is due
A roulette wheel has equal odds of red or black
The house always wins

Which of the following is NOT part of WallStraits 8-step business assessment process?

Return of Equity (ROE) > 15%
Consistent historical sales & earnings growth.
Stock priced below 90-day moving average.
Low Debt
Business is easy to understand.

The brilliant economist Richard Thaler ran a 1997 contest in the London Financial Times asking readers to pick a number between 0 - 100 that would be closest to two-thirds of the average entry. What was the winning entry?

According to behavioral psychologists, which of the following is probably good advice?

The trend is your friend.
Sell in May and go away.
Sell your losers, let winners run.
Buy low. sell high
You never go broke taking a profit

Which of the following prove the stock markets are not as efficient as EMH proponents thought?

A - October 1987
B - Warren Buffett
C - DOW Theory
A nd B
A, B and C

Who developed the theory of social reality, which proposed that people are most comfortable when their opinions conform to the group?

Ben Graham
Charles Mackay
James Montier
David Dreman
Leon Festinger

Regression to the mean, first observed and described by Francis Galton, cousin of Charles Darwin, would recomment that investors ...

A - Buy an Index Fund
B - Avoid top performing portfolio managers
C - Avoide hedge funds
A and B
A, B and C

In what could be intepreted as a warning against the fallacy of market timing, who said,"Life can only be understood backwards - but must be lived forewards."

Warren Buffett
Charles Ellis
Pascal
David Hume
Soren Kierkgard

When an equity portfolio manager beats the market average ten straight years, it is most likely due to ...

Luck
Asset Allocation Strategy
Wisdom
Intuition
Hard Work

Joe loves to speculate and has a very high risk tolerance. Which of the following cannot be true of Joe?

Joe is 50% likely to buy technology stocks and 60% likely to buy small-cap technology stocks.
Joe is 50% likely to buy biotech stocks and 40% likely to buy small-cap biotech stocks.
Joe is 50% likely to achieve 30% annual returns and 20% likely to achieve 40% annual returns.
diversify among 100 stocks

Warren Buffett's plan for Berkshire could be best described as ...

Highly structured
Widely Diversified
Pragmatic
Focused
Non-existant

Occam's RAZOR and Galileo's KNIFE refer essentially to the ideas ...

Shave with a razor not a knife.
You are never as sharp as you think you are
Keep things as simple as possible but no more so
Simple is best and observation over theory
Simple is best and evidence may decieve

Buying an Index Fund is a logical way to achieve long-term market average returns, while 80% of actively managed Funds fail to beat the market. Who pioneered the Index Fund?

Ben Graham
Philip Fisher
Peter Lynch
John Bogle
Eugene Fama

What is the psychological enemy of a sound buy-n-hold investment strategy?

A - Boredom
B - Anxiety
C - Contrarianism
A an B
A, B and C

A - Risk is insurable, Uncertainty is not
B - Risk is measurable, Uncertainty is not
All of the above

You are more LIKELY, STATISTICALLY, to die of a shark attack than being hit by falling airplane parts.

According to professor Jeremy Siegel, less that 1 in 4 major market moves is associated with a major news event.

If a stock has a 5% dividend yield in year 1, and increases its payout by 20% each year, what is the yield in year 20?

25%
50%
75%
133%
160%

The human brain has evolved to make quick and efficient conclusions about the environment around us, which may not be good for investment success.