Stockbrokers who market their services with the confidence that they can outperform the market average in picking stocks are especially likely to
A) appear competent to their customers.
B) find it difficult to decide which stocks to purchase.
C) avoid the dangers of belief perseverance.
D) use algorithms to generate stock choices.

Question

Quizplus · Accepted Answer

Stockbrokers who market their services with the confidence that they can outperform the market average in picking stocks are likely to appear competent to their customers. This may lead customers to choose them over other brokers who are less confident in their abilities. However, whether or not these brokers actually do outperform the market average is a different story.

Stockbrokers Who Market Their Services with the Confidence That They