CHAPTER 1 QUIZ 41 TO 45
41. When comparing returns by decade, the Ibbotson study shows that small company stocks outperformed large company stocks in every decade since the 1920s.
True False
42. Those who attempt to engage in short-term market tactics are termed traders.
True False
43. Research has shown that it is not that difficult to beat the market on a risk-adjusted basis.
True False
44. Liquidity can be measured by the ability of the investor to convert an investment into cash within a relatively long period of time, at its fair book value.
True False
45. Real assets, because of increasing replacement value and scarcity, tend to perform better than financial assets during periods of high inflation.
True False
USA 
India