Last visit was: 24 Apr 2024, 15:12 It is currently 24 Apr 2024, 15:12

Close
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
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
SORT BY:
Date
Tags:
Show Tags
Hide Tags
Most Helpful Reply
Intern
Intern
Joined: 06 Jul 2014
Posts: 3
Own Kudos [?]: 6 [5]
Given Kudos: 12
Location: India
GPA: 3.5
Send PM
General Discussion
Manager
Manager
Joined: 14 Mar 2011
Posts: 133
Own Kudos [?]: 272 [0]
Given Kudos: 317
GMAT 1: 760 Q50 V42
Send PM
Board of Directors
Joined: 18 Jul 2015
Status:Emory Goizueta Alum
Posts: 3600
Own Kudos [?]: 5425 [0]
Given Kudos: 346
Send PM
A finance magazine conducted a year long study of investment strategie [#permalink]
Expert Reply
Argument says The randomly selected Investment was more profitable at the end of the year while the investments selected by Experts were less profitable at the end of the year. So, it concluded its not worth spending money to hire those experts.

I would say it is the weakest argument.

May be what he selected was a Guess. Or May be what they selected is a Diamond over a long term and not a short term.

A. The financial planners selected for the study are regarded as some of the top experts in their field. : So, How does that relate to conclusion. IRRELEVANT.
B. Most financial planners select investment portfolios designed to mature over a long period of time. : Wow, as per my Pre Thinking. Correct
C. The randomly selected investment portfolio included some of the same investments chosen by the experts. : Some of the?? What about the others? What does Some of the means? Is it 1 or 2 or all? We don't know. Incorrect.
D. The magazine’s portfolio returns were only slightly higher than the returns of the financial planners.’: Still man, it was higher no matter how much. Strengthener.
E. Most investments decisions begin to pay off after one year. : But what these 5 Uncles/Aunts suggest Didn't, right? Irrelevant.
Manager
Manager
Joined: 17 Feb 2019
Posts: 53
Own Kudos [?]: 15 [0]
Given Kudos: 157
Send PM
Re: A finance magazine conducted a year long study of investment strategie [#permalink]
A finance magazine conducted a year long study of investment strategies. The magazine asked financial planners from five prestigious companies to each select a portfolio of investments, the return on which the magazine tracked over the year. Additionally, the magazine selected its own portfolio at random and tracked its return. At the end of the year, the random investment portfolio outperformed each of the expert’s investment picks. Thus, there is no benefit to hiring financial planners for help in investing.

Which of the following, if true, casts the most doubt on the validity of the conclusion drawn above?
A. The financial planners selected for the study are regarded as some of the top experts in their field.
B. Most financial planners select investment portfolios designed to mature over a long period of time.
C. The randomly selected investment portfolio included some of the same investments chosen by the experts.
D. The magazine’s portfolio returns were only slightly higher than the returns of the financial planners.’
E. Most investments decisions begin to pay off after one year.

I was able to eliminate a,c and d. I was confused with b and e. B- says investment portfolios designed to mature over a long period of time. I felt it was talking about maturity time. So, I thought of going for E option. Pls correct me?
GMAT Club Bot
Re: A finance magazine conducted a year long study of investment strategie [#permalink]
Moderators:
GMAT Club Verbal Expert
6920 posts
GMAT Club Verbal Expert
238 posts
CR Forum Moderator
832 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne