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C What are virtual currencies?
B What are stuffed animals?
A What are auctions?
Flooz & Beenz were trying to push online these that never caught on and lost investors real money:
C What is Franklin Templeton?
B What is Fidelity?
A What is American Funds?
C What is "Curtain Falls on Wall Street"?
B What is "Billions Lost in Wall Street Horror Show"
A What is "Wall Street Lays an Egg"?
C What is beta?
B What is sigma?
A What is delta?
The alpha factor measures a stock’s own volatility; this Greek letter compares it to the entire market:
C What is a long order?
B What is a short order?
A What is a limit order?
To sell stock at the current price, investors use a market order; to specify a price, it’s this type of order:
COLOUR
On September 30, 2008 Daily Variety reprised this 5-word headline from October 30, 1929:
In 1972 Edward C. Johnson 3rd faithfully took over from his dad, the 2nd, as head of this big mutual fund company:
Kenneth Lay, of this company, admitted, “In hindsight, we made some very bad investments in non-core businesses”:
A What is Blockbuster Video?
B What is Lehman Brothers?
C What is Enron?
If you hold a bond as its price rises, this other 5-letter word falls, because you’re getting a lower return percentage:
A What is value?
B What is yield?
C What is basis?
From its founding in 1898 until 1919, this exchange was known as the Chicago Butter & Egg Board:
A What is the Chicago Mercantile Exchange?
B What is the Chicago Board of Trade?
C What is Chicago's International House of Pancakes?
From the Chinese for “ever growing,” the Hang Seng Index consists of stocks on this region’s exchange:
A What is Shenzen?
B What is Hong Kong?
C What is Shanghai?
Question 1/9
A stop order would have been acceptable as well. A market order is an order to buy or sell a stock immediately. A limit order instructs your brokerage to buy or sell a stock at a specific price or better. A stop order, or stop-loss order, tells your broker to sell once a stock hits a certain price.
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Sorry, that's the wrong answer!
The correct answer is...
The tricky part is that the clue writers don’t have this one exactly right. Alpha measures an investment’s excess return compared with the risk-adjusted return of a benchmark. Beta is a volatility measure that reflects how closely an investment’s performance tracks a benchmark. An investment with a beta of 1 theoretically moves in lockstep with a benchmark. A beta of less than 1 indicates that an investment is less volatile than the benchmark; a beta higher than 1 means a more volatile investment.
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Known for its pithy headlines, Variety in 1929 used the showbiz phrase to describe the historic market crash that kickstarted the Great Depression. The lede read, “The most dramatic event in the financial history of America is the collapse of the New York Stock Market.” That’s still true today. Daily Variety, a sister publication to Variety that was added in 1933, went out of print in 2013.
A What is "Wall Street Lays an Egg?"
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Edward C. Johnson II founded Fidelity’s advisory business in 1946 after taking the reins of the Fidelity Fund in 1943. His son Edward C. Johnson III (known as “Ned”) ran the famous Fidelity Magellan Fund from 1963 to 1977, when he became chairman and CEO of the company. Ned’s daughter Abigail took over as chief executive in 2014. Having started with just one fund, Fidelity now manages more than 500 mutual funds and $6.7 trillion in total customer assets.
On Beenz.com, users could earn the namesake digital currency for shopping, registering for services or taking online surveys. They could then spend their “beenz” at participating online retailers. The Whoopi Goldberg-touted Flooz.com featured its own currency (flooz) that could be purchased online and redeemed at partnering businesses – the conceit being that customers wouldn’t have to give retailers their credit card information. Both went bankrupt in 2001 after the dot-com bubble burst.
Under Lay’s leadership, Enron grew from a natural gas firm into a conglomerate boasting more than $100 billion in annual revenues. The firm filed for bankruptcy in 2001 after it was revealed that some of the company’s subsidiaries were little more than elaborately constructed shell corporations through which Enron was committing rampant accounting fraud.
Bond prices and yields move in opposite directions.
C What is yield?
An exchange for trading futures and options, the “Chicago Merc” merged with the Chicago Board of Trade in 2007 to become the CME Group. Today, CME is the world’s most diverse derivatives marketplace, with investors making bets on everything from foreign currencies to the price of live hogs.
Abbreviated HSI and established in 1969, the market-capitalization-weighted Hang Seng Index tracks the movements of the largest companies in the Hong Kong stock market. Hang Seng constituent companies include China Mobile, HSBC Holdings and internet giant Tencent Holdings.
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Think you have a secure password? Well, odds are you don’t. Even basic, rudimentary rules of passwords are often ignored, say experts such as Lorrie Cranor, a professor of computer science and of engineering and public policy at Carnegie Mellon University and former chief technologist at the U.S. Federal Trade Commission. Take this quiz to find out how much you know— or don’t know—about the latest in password security.
How much do you know about password security? Take this quiz
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How often do hacking-related data breaches leverage stolen or weak passwords?
A. 10% of the time.
B. 27% of the time.
Question 1/13
That figure comes from a 2017 data-breach investigations report by Verizon Communications .
D. 81% of the time.
That figure comes from a 2017 data-breach investigations report by Verizon Communications.
C. 63% of the time.
Common words and phrases are safe for passwords as long as they:
A. Are easy for you to remember.
B. Are at least 12 characters long and include a number and punctuation mark.
Question 2/13
Common phrases aren’t safe, yet the usual suspects—variations on “password,” “letmein” and “iloveyou”—are still in heavy rotation. Using common phrases in uncommon languages isn’t much better, according to Dr. Cranor. “People think they’re really clever, they’re like, ‘Oooh, I did it in Swahili,’ ” she says. “But it still says, ‘I love you.’ ”
D. None of the above. They aren’t ever safe.
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C. Are in a language other than English.
If you’re struggling to come up with a secure password, you should:
A. Use a password generator.
B. Use your favorite song.
Question 3/13
Dr. Cranor says many people assume that if they use personal information, such as a favorite song, sports team or movie, their password is safe because criminals don’t know them. But that isn’t how hackers work, she says. “Many password attacks occur with attackers guessing billions of passwords,” she says. “They don’t know anything about you, but they have an algorithm that guesses things, so if your password is a common song, it’s going to be guessed.” As for keyboard patterns, she says literally every one is in every password-hacking dictionary.
C. Use a pattern of keys such as ASDFG on your keyboard.
D. Ask a stranger for his wife’s date of birth.
A. Yes, they are secure.
B. No. One password can be used to access all of your other passwords.
C. No. Often they’re a backdoor scam to collect your passwords.
Question 4/13
In a typical password manager, you use one password to access all of your other passwords, which are encrypted. That works well, as long as you make the master password a really good one that was created by a password generator.
D. No. They’re for lazy people who can’t manage their own passwords.
Should you use a password manager?
It’s a bad idea to write passwords down because:
Question 5/13
Experts used to advise against writing down passwords, Dr. Cranor says. But, she says, “as long as they’re written down and stored securely, there’s actually really not much wrong with writing them down. And writing them down is a better coping mechanism than most of the other things that people do, which is generally to create bad passwords and use the same bad password everywhere.”
D. Go ahead and write them down. It’s OK.
A. You could lose your scrap of paper.
B. Someone could find your passwords.
C. Alexa can read your writing.
Which of the following is a password once used by the magician Teller, of the duo Penn & Teller, and is it a strong password?
A. PennStateOfMind
B. Telleraboutit
Question 6/13
Mofo the Psychic Gorilla was a talking gorilla head that read minds in the Penn & Teller show dating back to the early 1980s. “Mofo would often exclaim, ‘Mofo knows!’ after getting a correct reading, which was done with trickery, as all psychic readings are,” Teller explains, adding that “666 is, of course, the mark of the beast.” Dr. Cranor says that while it is a pretty strong password—12 characters long, with three types of characters and an uppercase letter in the middle—it isn’t strong for Teller, because “Mofo knows” is associated with him and 666 isn’t an uncommon number.
D. MofoKnows666
C. Tellereverythingyoufeel
You can use the same password for more than one account. True or False?
A. True.
B. False.
C. True, but only if you have a really strong password.
Question 7/13
Dr. Cranor says that you can use the same password for accounts that you really don’t care about and that can’t be used to gain access to other accounts. “Other than that,” she says, “you should really have a separate password for everything.”
D. True, but only if you use it for accounts that aren’t important.
Who is considered a father of the computer password?
A. Fernando Corbató
B. Alan Turing
Question 8/13
Fernando Corbató helped create the first computer password at the Massachusetts Institute of Technology in the 1960s. He died in July at age 93.
C. Bill Gates
D. Ada Lovelace
Which of the following passwords is best?
A. ilovecats
B. EyeLuvKatzs3MeatPlatter
Question 9/13
This password, based on an order available from Katz’s Delicatessen in New York, uses both numbers and characters, which is recommended, and avoids simply tacking the numbers onto the end, which criminals have figured out, Dr. Cranor says. She also suggests avoiding passwords that are too complicated. “The downside of D,” Dr. Cranor says, “is that it is probably difficult to both remember and type.”
C. iloveKatzs123
D. EyeLuvKatzs3MeatPlatter!WithAllPastrami
How much longer does it take to crack a 12-character password drawn from uppercase and lowercase letters, the 10 digits and 10 symbols versus one with just six lowercase letters?
A. 62 times longer
B. 62,000 times longer
Question 10/13
In a recent article in Scientific American, French computer scientist Jean-Paul Delahaye wrote that “a computer running through all the possibilities for your 12-character password one by one would take 62 trillion times longer” than a password consisting only of six lowercase letters.
D. 62 trillion times longer
C. 62 million times longer
On average, how many online accounts do people have that require passwords?
A. 3
B. 9
Question 11/13
According to a 2018 McAfee survey, respondents said they used an average of 13 unique passwords for their 23 online accounts.
C. 23
D. 400
What’s the most common way Americans keep track of their passwords?
A. Writing them down on paper.
B. Memorizing them.
Question 12/13
According to “Americans and Cybersecurity,” a 2017 report released by the Pew Research Center, 86% of Americans keep track of passwords by memorizing them.
C. Saving them in their internet browser.
D. Using a password manager.
How many hours a year do employees spend resetting passwords?
A. About 2 hours
B. Roughly 3 hours
Question 13/13
One indication comes from a 2014 study conducted by the National Institute of Standards and Technology (NIST). The study found that U.S. Department of Commerce employees who are required to reset passwords every 60 days could spend, on average, as much as 18.6 hours a year doing it. Employees required to reset their passwords every 90 days spend closer to 12 hours. According to the study, DOC employees have an average of nine accounts at work that require logins.
C. Around 18 hours
D. More than 24 hours
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Please read these related articles for help with identity protection and scam awareness:
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