We Tend to Attribute Our Successes to Our Abilities and Hard

question 133

True/False

We tend to attribute our successes to our abilities and hard work, but we attribute our failures to external factors such as lack of time or obstacles placed in our paths by others.

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Definitions:

Wildcat Fund

A type of investment fund that takes on high-risk investments, hoping for significantly higher-than-average returns.

M2 Measure

A broad measurement of a country's money supply that includes cash, checking deposits, and easily convertible near money, such as savings deposits and money market securities.

T-Bills

Short-term government securities with maturity periods of one year or less, considered a safe and liquid investment.

Jensen's Measure

A metric used to evaluate the performance of an investment manager by comparing their returns with those of a benchmark, adjusting for market risk.