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Hindsight Is A Wonderful Thing Quiz; Pull Your Head Out Of The Sand [Part Two]

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Rupert Hargreaves
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Here are the answers to the somewhat astonishing quiz, published on the Fisher Investments blog on June 12 2007.

Take the quiz here: Hindsight Is A Wonderful Thing Quiz: Financial Crisis

Answers to the quiz on the 2008/09 financial crisis

1) The US unemployment rate is:

Answer: D) Between 3 and 5%. US Unemployment has been near historical lows for some time, hovering around the 4.5% mark. The rate even held steady or fell during the time of housing and credit turmoil. In fact, we observe that many employers today are clamoring for talent because the pool of available workers is so tight. 4.5% is close to what the Fed would call “full employment.” There is a natural amount of...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha