A Study of Trading Behaviour of Individual Investors at a Discount

question 6

Multiple Choice

A study of trading behaviour of individual investors at a discount brokerage found that individual investors

• A)trade very actively, partly because their performance is better than the professionals' due to low trading costs.
• B)trade very conservatively, partly because their performance is better than the professionals' due to low trading costs.
• C)trade very conservatively, despite the fact that their performance is actually worse because of trading costs.
• D)trade very actively, despite the fact that their performance is actually worse because of trading costs.

---

Definitions:

Movable Type

Gutenberg’s invention that allowed individual letters or images to be moved without influencing the surrounding text.

Innis's Theories

The ideas and theories of Harold Innis, a Canadian economist and scholar known for his contributions to media theory and economic history, especially the concepts of time-biased and space-biased media.

Transcend Space

To go beyond or rise above the physical boundaries of space, often in a metaphysical or abstract context.

Social Isolation

The condition in which an individual experiences a lack of social contacts and meaningful relationships with others, leading to feelings of loneliness and alienation.