Stewart Is a Fellow fiNance Student at Your School Who

question 31

Multiple Choice

Stewart is a fellow finance student at your school who is addicted to day trading and thus buys and sells stocks between classes and over his lunch break. He never has time to really analyze a
Security so just trades the stock symbols that other investors appear to be trading. Stewart is which
One of the following?

• A) Noise trader.
• B) Arbitrageur.
• C) Crasher.
• D) Regret averter.
• E) Myopic loss averter.

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Definitions:

Smoking

The act of inhaling and exhaling the smoke of tobacco or a drug, which has significant health risks including addiction, lung disease, and cancer.

Persuasion

The process by which a person's attitudes, beliefs, or behaviors are influenced by communications from others.

Lung Cancer

A type of cancer that begins in the lungs and is often associated with smoking, but can also occur in non-smokers due to other factors.

Festinger

Leon Festinger was a social psychologist known for his theory of cognitive dissonance, which describes the discomfort felt when holding conflicting beliefs, attitudes, or behaviors.