Economics: Stock Market/ Titan Game
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What is the difference between a bull and a bear?
- bulls expect market to rise
- bears expect market to fall
What has Heddy Green referred to as?
"The Witch of Wall Street"
What is short selling?
Betting against a company
Who was the biggest stock investor in the NYSE?
J. P. Morgan
Of how many companies is the DJIA an average of?
Who was the first SEC chairman?
President Kennedy's father
When and Why did Merrill Lynch become popular?
1950s; it provided info to help middle-class investors
What earned Markwitz the Nobel Prize?
Stock Diversification Strategy
What were installed to stop automatic trading?
When was the largest single day drop in stock market history? Why?
- October 19, 1987
- computers automatically sold low stocks
What is NASDAQ?
electronic stock exchange
Why did Richard Whitney go to Sing-Sing jail in 1929?
As President of the NYSE, he stole money
What three inventions helped news of stock prices travel fast?
- stock ticker
What should you determine before you start The Game?
your price/volume strategy
Marketing creates what for products?
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