Stockbrokers who market their services with the confidence that they can outperform the market average in picking stocks are especially likely to

Question

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Stockbrokers who market their services with the confidence to outperform the market average are likely to appear credible to their potential customers. Their confidence can give customers a false sense of security that the stockbroker will be able to earn higher returns than the market average. However, in reality, it is difficult to consistently outperform the market average, and such claims can be risky for both the customers and the stockbrokers.

Stockbrokers Who Market Their Services with the Confidence That They