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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter XX.

Multiple Choice Questions

1. What did coffee brokers tell Congress about Livingston?
(a) He was trying to corner the market.
(b) He was selling too low.
(c) He bought coffee from Germany.
(d) He was intimidating them.

2. Why is Livingston having a hard time increasing his money?
(a) His name is too well known.
(b) He keeps losing his bets.
(c) The bucket shops are mostly shut down.
(d) It's a new game he doesn't know.

3. What is the stock Livingston buys to restart his career?
(a) Winchester guns.
(b) Bethlehem Steel.
(c) Pullman Railroad.
(d) Standard Oil.

4. What did Livingston decide to look at when thinking about what to buy or sell?
(a) The overall market.
(b) Mutual funds.
(c) The ten best stocks.
(d) Index funds.

5. What is one trait Livingston says a successful stock trader must have?
(a) Confidence.
(b) Control of emotions.
(c) Ability to make friends.
(d) Ability to spend money.

Short Answer Questions

1. What does Livingston say one should do when a stock that's being sold is dropping?

2. What don't the new bucket shops in Boston allow?

3. Why is corn having a hard time getting to the market?

4. What do the small shops agree Livingston can do?

5. What does Livingston say is illegal now?

(see the answer key)

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