1) You live in Rome. In the fall, you predict that the winter will be snowy and cold, but it's March and the snow hasn't fallen yet. What is your reaction? a) You believe that your forecast is still correct and you believe that there is still time for snow to fall. b) You accept that your forecast is incorrect as much of the winter is behind you. 2) You have received news that indicates potentially negative implications for the shares you own. How do you react? a) You react immediately. b) You wait for the market to confirm the information before making further decisions. 3) You have learned that there are rumors of bad publicity for a company in your portfolio. How will you react? a) You will ignore the information. b) You assess the situation and make further decisions based on it.

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