Tactical Terms
How easily some asset can be transferred into cash
What is liquidity?
Lures new investors to pay earlier investors
Crisis during the 1930s
When was the Great Depression?
Oldest index of the bunch
What is the Dow?
Richest person as of right now
Who is Elon Musk?
Debt issued by the government
What is a Treasury bond?
This film with Titanic star and Harley Quinn featured which real-life entrepreneur/professional scammer
Who is Jordan Belfort?
Global economic event starting in 2007
What was the Great Recession/2007-09?
Tech heavy index
What is the NASDAQ Composite?
President who was elected during the 2008 recession and helped get the country back to normal
Portion of company income given to shareholders
What is a dividend?
Declared bankrupcy in 2001; one of the biggest bankruptcies in all of U.S. history
What was Enron?
The single biggest drop in Dow history; DOUBLE POINTS if you get the year; TRIPLE POINTS if you get the exact date
What was Black Monday (October 19, 1987)?
25*2*10 companies index
What is the S&P?
Chair of the Federal Reserve
Who is J Pow?
A loan to buy a house
What is a mortgage?
Had a blood testing company that failed (name the company or the person)
Who is Elizabeth Holmes or what is Theranos?
The time where everyone was putting .com on their company names; domain names were a commodity
What was the .com/tech/internet/2000 bubble?
Small-cap index
What is the Russell 2000?
Avid McDonald's lover and billionaire; manages one of the best performing investment firms in the world; is really, really old
Who is Warren Buffet?
A number associated with a person's ability to pay back a loan
What is a credit score?
What are subprime loans/mortgages or what were CDOs? (many acceptable answers)
Stocks tend to do bad in which month; widely known as the _______ Effect
When is October?
The "footsie"
What is London's premier index/FTSE/whatever answer sounds kinda right?
DOUBLE POINTS Warren Buffett's genius mentor
Who was Benjamin Graham?