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Last Semester, Alwyn Failed Two of His Classes

question 133

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Last semester, Alwyn failed two of his classes. At the time, Alwyn thought of himself as unintelligent and unlikely to succeed in life. This made Alwyn feel very down on himself. After talking with his friends, Alwyn realized that he was successful and showed intelligence in many other ways. He came to understand that while he might not be successful at everything he does, he does some things very well. In REBT, Alwyn's new thinking about himself is called the _____ new belief.


Definitions:

Abnormal Return

Abnormal return is the difference between the actual return of a security and its expected return, based on risk and market performance, indicating performance indicative of events or conditions unique to that security.

Bonds

A type of fixed-income investment where an investor loans money to an entity (corporate or governmental) which borrows the funds for a defined period at a variable or fixed interest rate.

Asset Allocation

The strategy of distributing investments among various classes of assets to manage risk and enhance returns.

Abnormal Return

Abnormal Return is the difference in the actual return of a security over a set period of time from its expected return based on the market or model prediction.

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