According to a Study by John McDonald Published in the Journal

question 2

Multiple Choice

According to a study by John McDonald published in the Journal of Financial and Quantitative Analysis, portfolio managers generally:

• A)follow the objectives initially set for the portfolio.
• B)set objectives for the portfolio but don't follow them.
• C)have difficulty following the portfolio objectives.
• D)None of the above

---

Definitions:

Emotional Reactivity

The extent to which a person is sensitive to emotional material and responds intensely to emotional situations.

Social Connectedness

The sense of belonging and subjective psychological bond people feel with others and the community at large.

Reactive Nervous System

Refers to the part of the nervous system responsible for reacting to stress and threats, activating fight or flight responses.

Anxious

Experiencing worry, unease, or nervousness, often about an imminent event or something with an uncertain outcome.