The Behavioral Biases of Individuals sample question
Choose an answer before revealing the explanation, key takeaway, and answer-choice review.
Question 1 of 1Score 0/1
CFA Level I sample question
CFA Level I The Behavioral Biases of Individuals question
Portfolio Management
The Behavioral Biases of Individuals
After three profitable years, fund manager Keiko Tanaka attributes her gains to superior skill and her occasional losses to bad luck. She now publishes earnings forecasts with unusually narrow ranges and has increased both portfolio concentration and trading frequency. Tanaka's behavior is most consistent with:
Report an issue
Get one CFA Level I question by email
Receive a weekly practice question with answer-choice explanations and a short takeaway.