Peter has successfully managed the ﬁnances of Jackson Corporation in a manner that has yielded abnormally high returns. Due to this success, Peter has decided to publish a newsletter for ﬁnancial
Executives so that he can share his superior ﬁnancial wisdom with others. There is a very real
Probability that Peter has which one of the following characteristics?
A) Gambler's fallacy.
B) Frame dependence.
C) Overconﬁdence.
D) Representativeness heuristic.
E) Sentiment-based risk attitudes.

Question

Quizplus · Accepted Answer

Peter's decision to publish a newsletter and share his financial wisdom with others indicates that he is overconfident in his abilities and success in managing finances.

Peter Has Successfully Managed the ﬁNances of Jackson Corporation in a Manner