1.Describe the top-down investment approach

2.Select 3 fundamental drivers of the global economy for the next three years and explain how you would select stocks for your portfolio using a top down approach on these 3 drivers

3.Explain why any two shares are not perfect substitutes for each other

4.Describe 5 economic factors that impact stock prices

5.What is the "lipstick Index?" What is the explanation for this observation?

6.What is the hemline index? Explain whether it is a myth or a fact?

7.Explain how the shape of the yield curve might impact stock prices

8.Explain whether or not large caps can also be value shares

9.Explain whether or not small caps can be growth shares

10.What's another name for "glamour" shares?

11.What's another name for "neglected" shares?

12.Explain how 5 internal drivers might impact share performance

13.Explain the statement by Nobel Laureate, Paul Samuelson; "the has predicted nine of the last five recessions"

14.Discuss whether the concept of - a random walk down wall street - supports or refutes technical analysis