It is December 31, 2023. You are an investor interested in purchasing individual stocks. You understand and accept the risks involved, and you’ve come to consult a financial advisor for guidance on which individual stocks might suit your needs.

In this experiment, you will be presented with one stock per round over four rounds (a total of four stocks). For each stock, engage with the financial advisor to determine whether the stock is suitable for your needs or not. If you come across unfamiliar financial concepts or don’t fully understand what the financial advisor says, feel free to ask questions for clarification.

Once you feel that you have gathered enough information to make a financial decision, you can move on to the evaluation phase. Remember, the candidate stock has been randomly selected for this exploration and is not a recommendation from the financial advisor.

To interact with the financial advisor, first push the Start Conversation button. Then, type your message in the User Input textbox and press the Send This Message to Advisor button. If the response from the financial advisor is cut off due to word limitations, press the Show More of the Advisor’s Answer button to have the advisor continue the conversation. If you already have enough information to make a decision, you don’t need to press the Show More of the Advisor’s Answer button.

You will go through four rounds of financial decisions. Each round consists of a “Discussion (Discuss)” and an “Evaluation (Eval)” phase. Please move through the following sequence: 1-1: Discuss → 1-2: Eval → 2-1: Discuss → 2-2: Eval → … → 4-2: Eval.