Quiz: IPS profiling

Which of the following is NOT determined using situational profiling? Investor: A) biases. B) behavior C) philosophy.

B ??

B

A

I chose A, but yes, it is B Why, why, why? :frowning:

behavior = psychological testing?

Damn, guessed A

A

can ppl who chose ‘B’ to explain? Guys, it is B! Stop posting A!#$#

mcap11 Wrote: ------------------------------------------------------- > behavior = psychological testing? correct according to the book…tricky question…no time to read it, just get this from the summary: 1, Situational profiling seeks to anticipate individual investors’ concerns and risk tolerance by specifying the investor’s source of wealth, measure or adequacy of wealth in relationship to needs, and stage of life. 2, Psychological profiling addresses human behavioral patterns and personality characteristics and their effect on investment choices. It is particularly important in assessing risk tolerance.

The award goes to deriv108. Thanks! deriv108 Wrote: ------------------------------------------------------- > mcap11 Wrote: > -------------------------------------------------- > ----- > > behavior = psychological testing? > > correct according to the book…tricky > question…no time to read it, just get this from > the summary: > > > 1, Situational profiling seeks to anticipate > individual investors’ concerns and risk tolerance > by specifying the investor’s source of wealth, > measure or adequacy of wealth in relationship to > needs, and stage of life. > > 2, Psychological profiling addresses human > behavioral patterns and personality > characteristics and their effect on investment > choices. It is particularly important in assessing > risk tolerance.