If You Bought a Stock on July 1,2010,and Sold It

question 69

Multiple Choice

If you bought a stock on July 1,2010,and sold it on July 15,2010,you may be a(n)

• A) Speculator.
• B) Trader.
• C) Investor.
• D) Two of these are correct.
• E) All of these are correct.

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Definitions:

Confirmation Error

A cognitive bias that involves giving more attention and weight to information that confirms one's preexisting beliefs or hypotheses, while ignoring or undervaluing information that contradicts them.

Adjustment Bias

A cognitive bias affecting decision-making, where individuals depend too heavily on initial information or adjustments from a reference point.

Lack-of-participation Error

A mistake or oversight occurring when individuals or groups do not contribute or engage in a required or expected activity.

Design Thinking

A problem-solving approach that focuses on empathy with users, a discipline of ideation, and iterative testing of solutions, widely used in product design and innovation.