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Arthur Levitt Jr Quotes

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Arthur Levitt Jr Quotes: "Over the past two decades, we have clearly seen an erosion of ethical values."

Over the past two decades, we have clearly seen an erosion of ethical values.



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."

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 Quotes: "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."

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 Quotes: "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."

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 Quotes: "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."

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 Quotes: "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."

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 Quotes: "George Orwell once blamed the demise of the English language on politics. It's quite possible he never read a prospectus."

George Orwell once blamed the demise of the English language on politics. It's quite possible he never read a prospectus.




Arthur Levitt Jr Quotes: "Personally I don't think day traders are speculating, because traditional speculation requires some market knowledge. They are, instead, gambling, which doesn't."

Personally I don't think day traders are speculating, because traditional speculation requires some market knowledge. They are, instead, gambling, which doesn't.



Arthur Levitt Jr Quotes: "While fund performance is unpredictable, the impact of fees is not, .. A 1- percent annual fee will reduce an ending account balance by 17 percent after 20 years."

While fund performance is unpredictable, the impact of fees is not, .. A 1- percent annual fee will reduce an ending account balance by 17 percent after 20 years.