Stocks and portfolio investment failures have caused many : GMAT Sentence Correction (SC)
Check GMAT Club Decision Tracker for the Latest School Decision Releases http://gmatclub.com/AppTrack

 It is currently 18 Jan 2017, 00:09

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# Stocks and portfolio investment failures have caused many

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics
Author Message
TAGS:

### Hide Tags

Manager
Joined: 08 Oct 2010
Posts: 213
Location: Uzbekistan
Schools: Johnson, Fuqua, Simon, Mendoza
WE 3: 10
Followers: 10

Kudos [?]: 670 [1] , given: 974

Stocks and portfolio investment failures have caused many [#permalink]

### Show Tags

03 Jan 2011, 06:46
1
This post received
KUDOS
13
This post was
BOOKMARKED
00:00

Difficulty:

75% (hard)

Question Stats:

38% (01:52) correct 62% (01:00) wrong based on 430 sessions

### HideShow timer Statistics

Stocks and portfolio investment failures have caused many concerned investors to move major accounts, such as 401-K and other retirement accounts.
(A) Stocks and portfolio investment failures
(B) Failures of stocks investments and portfolio investments
(C) Failures in the investment of stocks and other portfolios
(D) Failures of stock and other portfolio investments
(E) Portfolio investment failures, including stocks
[Reveal] Spoiler: OA
If you have any questions
you can ask an expert
New!
Manhattan GMAT Instructor
Joined: 22 Sep 2010
Posts: 185
Schools: MBA, Thunderbird School of Global Management / BA, Wesleyan University
Followers: 96

Kudos [?]: 211 [4] , given: 7

Re: Stocks and portfolio investment [#permalink]

### Show Tags

04 Jan 2011, 18:20
4
This post received
KUDOS
2
This post was
BOOKMARKED
dokiyoki,

Great question! You need the word "other" there because stocks are a type of portfolio investment. Think of the following example:

"Dogs and household animals require a lot of work." --> This implies that dogs are not household animals, so this would be incorrect.
"Dogs and cats require a lot of work." --> This is just fine, since dogs and cats are two unique things that both require a lot of work."
"Dogs and other household animals require a lot of work." --> This is fine also, since saying "other household animals" correctly implies that dogs are a type of household animal.

Or try this example:

"I like to drink Coke or soft drinks with dinner." --> Doesn't make sense, right?
"I like to drink Coke or other soft drinks with dinner." --> This does make sense. Coke is a type of soft drink, so you need that "other" there.

Make sense?

Brett
_________________

Brett Beach-Kimball | Manhattan GMAT Instructor

Manhattan GMAT Discount | Manhattan GMAT Reviews

Manager
Joined: 16 Aug 2009
Posts: 222
Followers: 3

Kudos [?]: 17 [0], given: 18

Re: Stocks and portfolio investment [#permalink]

### Show Tags

05 Jan 2011, 06:05
Thanks alot Brett !!

Could you also please throw some light on why choice A is incorrect ? Also, for eliminating other AC's, is my reasoning correct ?

[My SC skills are getting a bit rusty ]
Manhattan GMAT Instructor
Joined: 22 Sep 2010
Posts: 185
Schools: MBA, Thunderbird School of Global Management / BA, Wesleyan University
Followers: 96

Kudos [?]: 211 [2] , given: 7

Re: Stocks and portfolio investment [#permalink]

### Show Tags

06 Jan 2011, 18:38
2
This post received
KUDOS
dokiyoki,

Choice A says:

"Stocks and portfolio investment failures have caused many concerned investors to move major accounts, such as 401-K and other retirement accounts."

The implication here (think parallelism!) is that there are two things that caused concerned investors to move major accounts: stock, and portfolio investment failures. However, "stocks" by themselves did not cause the investors to move accounts; stock failures did. As such, the meaning of A is nonsensical.

B) is wrong because it says "stocks investments and other..." If there were three things in this list, you would need a comma between stocks and investments. But that still wouldn't make sense. When we take "stocks investments" as a subject, it doesn't make any sense. So there is no way to make the subject correct here.

Your reasoning for D) is fine.

In E) we have "Portfolio investment failures, including stocks have caused." If we're trying to make "including stocks" part of the investment failures, we would need a comma after "stocks." As it is, it doesn't make any sense.

Hope that helps!

Brett
_________________

Brett Beach-Kimball | Manhattan GMAT Instructor

Manhattan GMAT Discount | Manhattan GMAT Reviews

Manager
Joined: 16 Aug 2009
Posts: 222
Followers: 3

Kudos [?]: 17 [0], given: 18

Re: Stocks and portfolio investment [#permalink]

### Show Tags

07 Jan 2011, 04:37
Thanks Alot Brett. That really helped
Manager
Status: ==GMAT Ninja==
Joined: 08 Jan 2011
Posts: 247
Schools: ISB, IIMA ,SP Jain , XLRI
WE 1: Aditya Birla Group (sales)
WE 2: Saint Gobain Group (sales)
Followers: 5

Kudos [?]: 78 [0], given: 46

Re: Stocks and portfolio investment [#permalink]

### Show Tags

25 Jul 2011, 21:44
BKimball wrote:
dokiyoki,

Choice A says:

"Stocks and portfolio investment failures have caused many concerned investors to move major accounts, such as 401-K and other retirement accounts."

The implication here (think parallelism!) is that there are two things that caused concerned investors to move major accounts: stock, and portfolio investment failures. However, "stocks" by themselves did not cause the investors to move accounts; stock failures did. As such, the meaning of A is nonsensical.

B) is wrong because it says "stocks investments and other..." If there were three things in this list, you would need a comma between stocks and investments. But that still wouldn't make sense. When we take "stocks investments" as a subject, it doesn't make any sense. So there is no way to make the subject correct here.

Your reasoning for D) is fine.

In E) we have "Portfolio investment failures, including stocks have caused." If we're trying to make "including stocks" part of the investment failures, we would need a comma after "stocks." As it is, it doesn't make any sense.

Hope that helps!

Brett

Dear brett
please help why D is incorrect

also the explanation of dokiyoki for the same...........
_________________

WarLocK
_____________________________________________________________________________
The War is oNNNNNNNNNNNNN for 720+
see my Test exp here http://gmatclub.com/forum/my-test-experience-111610.html
do not hesitate me giving kudos if you like my post.

Current Student
Joined: 06 Sep 2013
Posts: 2035
Concentration: Finance
GMAT 1: 770 Q0 V
Followers: 62

Kudos [?]: 593 [2] , given: 355

Re: Stocks and portfolio investment failures have caused many [#permalink]

### Show Tags

31 Jan 2014, 11:46
2
This post received
KUDOS
feruz77 wrote:
Stocks and portfolio investment failures have caused many concerned investors to move major accounts, such as 401-K and other retirement accounts.
(A) Stocks and portfolio investment failures
(B) Failures of stocks investments and portfolio investments
(C) Failures in the investment of stocks and other portfolios
(D) Failures of stock and other portfolio investments
(E) Portfolio investment failures, including stocks

You need the word "other" there because stocks are a type of portfolio investment. In A stocks is not a bad thing. In B portfolio investments aint a bad thing. In D what is failures of stock? This is unidiomatic. In E, again stocks aint a bad thing, we want to say that failures in the investment of stocks is what is causing concern. C is the only correct answer choice

Just my 2c

Cheers
J
Manager
Joined: 25 Oct 2013
Posts: 173
Followers: 1

Kudos [?]: 56 [0], given: 56

Re: Stocks and portfolio investment failures have caused many [#permalink]

### Show Tags

11 Mar 2014, 07:13
Is C not changing the meaning of original sentence? Also What is "failures in investment of stock & other portfolios"?

D seems meaningful in the context of the complete sentence.
_________________

Click on Kudos if you liked the post!

Practice makes Perfect.

Manager
Joined: 14 Jan 2013
Posts: 154
Concentration: Strategy, Technology
GMAT Date: 08-01-2013
GPA: 3.7
WE: Consulting (Consulting)
Followers: 3

Kudos [?]: 248 [0], given: 30

Re: Stocks and portfolio investment failures have caused many [#permalink]

### Show Tags

11 Mar 2014, 15:59
feruz77 wrote:
Stocks and portfolio investment failures have caused many concerned investors to move major accounts, such as 401-K and other retirement accounts.
(A) Stocks and portfolio investment failures
(B) Failures of stocks investments and portfolio investments
(C) Failures in the investment of stocks and other portfolios
(D) Failures of stock and other portfolio investments
(E) Portfolio investment failures, including stocks

I am still not clear with the explanation...

On exam day, I would go with D.

In C, i read and understood like this- " that investors failed to invest in Stock and other portfolio that caused many ...... " - this changed the meaning of sentnce and that's why i reject D.
_________________

"Where are my Kudos" ............ Good Question = kudos

"Start enjoying all phases" & all Sections

__________________________________________________________________
http://gmatclub.com/forum/collection-of-articles-on-critical-reasoning-159959.html

http://gmatclub.com/forum/percentages-700-800-level-questions-130588.html

http://gmatclub.com/forum/700-to-800-level-quant-question-with-detail-soluition-143321.html

Senior Manager
Joined: 15 Sep 2011
Posts: 365
Location: United States
WE: Corporate Finance (Manufacturing)
Followers: 6

Kudos [?]: 299 [0], given: 45

Re: Stocks and portfolio investment failures have caused many [#permalink]

### Show Tags

11 Mar 2014, 19:11
gmatprav wrote:
Is C not changing the meaning of original sentence? Also What is "failures in investment of stock & other portfolios"?

D seems meaningful in the context of the complete sentence.

D doesn't make any sense. You would never say, "I'm a failure of Math." You'd only say, "I'm a failure in Math." Idiomatic.
Manager
Joined: 25 Oct 2013
Posts: 173
Followers: 1

Kudos [?]: 56 [0], given: 56

Re: Stocks and portfolio investment failures have caused many [#permalink]

### Show Tags

11 Mar 2014, 22:33
Hi mejia thanks for the reply. I understand the grounds you gave to reject D. However, doesn't C change the intended meaning of the sentence?

What does "Failures in investment of stock & other portfolios" mean? it seems to say the (process of)investing of stocks itself has failed. or something similar, it does not seem to mean

Failures in stock and other portfolio investments have led to xyz...

C doesn't seem clean either.

mejia401 wrote:
gmatprav wrote:
Is C not changing the meaning of original sentence? Also What is "failures in investment of stock & other portfolios"?

D seems meaningful in the context of the complete sentence.

D doesn't make any sense. You would never say, "I'm a failure of Math." You'd only say, "I'm a failure in Math." Idiomatic.

_________________

Click on Kudos if you liked the post!

Practice makes Perfect.

Manager
Status: GMAT Instructor
Affiliations: EnterMBA (https://www.facebook.com/entermba)
Joined: 23 Jun 2013
Posts: 189
Location: India
GRE 1: 2280 Q790 V710
GPA: 3.3
WE: Editorial and Writing (Education)
Followers: 9

Kudos [?]: 86 [0], given: 4

Re: Stocks and portfolio investment failures have caused many [#permalink]

### Show Tags

12 Mar 2014, 00:51
Beware of using nouns such as "stocks" and "portfolio" as adjectives. Also note that "stock," when used as an adjective (in "stock investments" in D) actually means "typical."
_________________

--Prasad
EnterMBA

Senior Manager
Joined: 12 Mar 2010
Posts: 384
Concentration: Marketing, Entrepreneurship
GMAT 1: 680 Q49 V34
Followers: 2

Kudos [?]: 169 [0], given: 87

Re: Stocks and portfolio investment failures have caused many [#permalink]

### Show Tags

12 Mar 2014, 11:11
mejia401 wrote:
gmatprav wrote:
Is C not changing the meaning of original sentence? Also What is "failures in investment of stock & other portfolios"?

D seems meaningful in the context of the complete sentence.

D doesn't make any sense. You would never say, "I'm a failure of Math." You'd only say, "I'm a failure in Math." Idiomatic.

I don't think the above can be the basis to eliminate option D . We also say 'The failure of the missile fuel tank caused great loss.'
Intern
Joined: 05 Nov 2015
Posts: 42
Followers: 0

Kudos [?]: 7 [0], given: 9

Re: Stocks and portfolio investment failures have caused many [#permalink]

### Show Tags

23 Nov 2015, 07:06
jlgdr wrote:
feruz77 wrote:
Stocks and portfolio investment failures have caused many concerned investors to move major accounts, such as 401-K and other retirement accounts.
(A) Stocks and portfolio investment failures
(B) Failures of stocks investments and portfolio investments
(C) Failures in the investment of stocks and other portfolios
(D) Failures of stock and other portfolio investments
(E) Portfolio investment failures, including stocks

You need the word "other" there because stocks are a type of portfolio investment. In A stocks is not a bad thing. In B portfolio investments aint a bad thing. In D what is failures of stock? This is unidiomatic. In E, again stocks aint a bad thing, we want to say that failures in the investment of stocks is what is causing concern. C is the only correct answer choice

Just my 2c

Cheers
J

Thanks for your explanation. Although, I still have a lingering doubt regarding the intended meaning of the sentence here. Are we talking about the failure in the investment of stocks and other portfolios? Or are we talking about the failure of stocks and other portfolios that have already been invested in?
Retired Moderator
Status: worked for Kaplan's associates, but now on my own, free and flying
Joined: 19 Feb 2007
Posts: 3627
Location: India
WE: Education (Education)
Followers: 715

Kudos [?]: 5554 [0], given: 321

Re: Stocks and portfolio investment failures have caused many [#permalink]

### Show Tags

24 Nov 2015, 00:55
The verb 'have caused' amply indicates that this is about those specific instances of those investments already made and failed. This is not a generalization. If one wants to generalize, the verb has to be changed to simple present ' cause'
_________________

“Better than a thousand days of diligent study is one day with a great teacher” – a Japanese proverb.
9884544509

Intern
Joined: 05 Nov 2015
Posts: 42
Followers: 0

Kudos [?]: 7 [0], given: 9

Re: Stocks and portfolio investment failures have caused many [#permalink]

### Show Tags

24 Nov 2015, 01:10
daagh wrote:
The verb 'have caused' amply indicates that this is about those specific instances of those investments already made and failed. This is not a generalization. If one wants to generalize, the verb has to be changed to simple present ' cause'

In that case you don't agree with the OA? What's your pick?
Retired Moderator
Status: worked for Kaplan's associates, but now on my own, free and flying
Joined: 19 Feb 2007
Posts: 3627
Location: India
WE: Education (Education)
Followers: 715

Kudos [?]: 5554 [0], given: 321

Re: Stocks and portfolio investment failures have caused many [#permalink]

### Show Tags

24 Nov 2015, 01:20
What is the relevance of OA ‘C’ with the verb part? The verb ‘have caused’ is not underlined and therefore, is common for all the five choices. My pick is C.
I specifically answered your query whether it refers to the investments in general or only to those that have been made and failed
_________________

“Better than a thousand days of diligent study is one day with a great teacher” – a Japanese proverb.
9884544509

Intern
Joined: 05 Nov 2015
Posts: 42
Followers: 0

Kudos [?]: 7 [0], given: 9

Re: Stocks and portfolio investment failures have caused many [#permalink]

### Show Tags

24 Nov 2015, 03:48
daagh wrote:
What is the relevance of OA ‘C’ with the verb part? The verb ‘have caused’ is not underlined and therefore, is common for all the five choices. My pick is C.
I specifically answered your query whether it refers to the investments in general or only to those that have been made and failed

The wording of C i feel is such that gives the impression that the failures were in the process of investing which never led to the investment and this failure to invest has caused many concerned investors to move major accounts

Since you confirmed that the failure is not in the process of investing but the invested stocks and other portfolios themselves, that's what's confusing me. Would really appreciate if you could explain this.

Thanks
Retired Moderator
Status: worked for Kaplan's associates, but now on my own, free and flying
Joined: 19 Feb 2007
Posts: 3627
Location: India
WE: Education (Education)
Followers: 715

Kudos [?]: 5554 [0], given: 321

Stocks and portfolio investment failures have caused many [#permalink]

### Show Tags

24 Nov 2015, 05:11
Not that way. If you mean that failures occurred in their attempt while doing investments, then the correct preposition would be failures 'during' investments. Secondly, logically, why would anyone fail while making the investment? It is only in hindsight much later one will know whether the investment is good or bad. I feel you have stretched it a little long.
_________________

“Better than a thousand days of diligent study is one day with a great teacher” – a Japanese proverb.
9884544509

Intern
Joined: 05 Nov 2015
Posts: 42
Followers: 0

Kudos [?]: 7 [0], given: 9

Re: Stocks and portfolio investment failures have caused many [#permalink]

### Show Tags

24 Nov 2015, 05:28
daagh wrote:
Not that way. If you mean that failures occurred in their attempt while doing investments, then the correct preposition would be failures 'during' investments. Secondly, logically, why would anyone fail while making the investment? It is only in hindsight much later one will know whether the investment is good or bad. I feel you have stretched it a little long.

Ok cool. Maybe I'm over-analyzing. Thanks Daagh!
Re: Stocks and portfolio investment failures have caused many   [#permalink] 24 Nov 2015, 05:28

Go to page    1   2    Next  [ 25 posts ]

Similar topics Replies Last post
Similar
Topics:
3 A known cause for the failure of barley crops 9 08 May 2015, 11:21
1 Many sociologists contend that homelessness is caused by 8 22 Jul 2010, 10:37
Many investors base their choice between bonds and stocks on 7 02 Jul 2008, 23:01
Many investors base their choice between bonds and stocks on 9 03 Oct 2007, 04:35
1 Many investors base their choice between bonds and stocks on 10 26 Jul 2007, 13:08
Display posts from previous: Sort by

# Stocks and portfolio investment failures have caused many

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics

 Powered by phpBB © phpBB Group and phpBB SEO Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.