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Arthur Levitt Jr quotes
Today, the forces of competition, technology, and globalization have converged to spur innovation and to transform the way business is done in the securities industry.
Arthur Levitt Jr
I think that the failures of Enron and WorldCom and other companies are partially failures of investors to recognize companies that are selling for a thousand times nothing, but chances are they may be worth only that.
Arthur Levitt Jr
Over the past two decades, we have clearly seen an erosion of ethical values.
Arthur Levitt Jr
Investors should start with a view of skepticism. They should become intellectual investors rather than emotional investors. They should be careful, and they should be skeptical.
Arthur Levitt Jr
One way for investors to protect themselves from a rapid change in the price of a stock is to use a limit order rather than a market order.
Arthur Levitt Jr
Another misconception is that an order is canceled when you hit 'cancel' on your computer. But, the fact is it's canceled only when the market gets the cancellation.
Arthur Levitt Jr
What must occur is a greater recognition by investors of their individual responsibility.
Arthur Levitt Jr
Although the Internet makes it seem as if you have a direct connection to the securities market, you don't. Lines may clog; systems may break; orders may back-up.
Arthur Levitt Jr
I think we have got to start thinking about banding together in terms of interested groups.
Arthur Levitt Jr