DivyanshuGupta61 wrote:
Thank you for the explanation, could you please let me know why is option C incorrect.
Investors should not rely on the predictions of stockbrokers who publicly predict trends in the stock market. If these stockbrokers were really able to predict these trends accurately and wished to profit as much as possible from their own predictions, they would keep this information to themselves.
Which of the following, if true, most strongly supports the argument above?
According to my understanding
If Stock brokers can predict the stocks with such accuracy, then they should keep the predictions to themselves, and make the money.
My Reasoning: As the Stock brokers cannot be held accountable for their predictions, so they display their predictions publicly, irrespective of their accuracy.
From that POV, I went for option C 'Most stockbrokers have high enough salaries to live comfortably and thus do not care about getting rich by capitalizing on stock-market trends.'
because Investors are already rich enough, and do not care for additional money.
I am not able to understand what option D is conveying, it doesn't seem to be clearly worded.
D. The fewer investors who have access to accurate stock market predictions, the more money those who have access to such predictions can make.
We've got a passage breakdown in
this post so let's not repeat that here.
Take a look at (C):
Quote:
C. Most stockbrokers have high enough salaries to live comfortably and thus do not care about getting rich by capitalizing on stock-market trends.
First, there is no evidence that the stockbrokers
cannot be held accountable for their predictions in the passage or in (C).
Second, we need to find the answer choice that strengthens the argument that investors should not rely on stockbrokers' predictions. This is because the stockbrokers would keep their predictions private
if the stockbrokers could make accurate predictions and
wanted to make as much money as possible.
If the stockbrokers don't care about making money, they would have
less incentive to keep their accurate predictions to themselves. In this case, maybe we
should rely on their predictions.
Looking at (C) like this, it weakens the argument and, therefore, we should cross it out.
(D) says:
Quote:
D. The fewer investors who have access to accurate stock market predictions, the more money those who have access to such predictions can make.
While there is a full discussion of (D)
here, we can say a little more about it.
The passage is making the claim that we should not trust the predictions of the stockbrokers. The evidence given for this is if those stockbrokers were able to make accurate predictions and wanted to make as much money as possible, they would keep their predictions to themselves.
(D) is the "BECAUSE" behind the evidence. It tells us
why stockbrokers would keep accurate predictions to themselves, which in turn supports the conclusion that we shouldn't rely on those predictions.
This is why (D) is the answer to this question.
I hope that helps!
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