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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
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Other quotes of Arthur Levitt Jr


I think we have got to start thinking about banding together in terms of interested groups.

I think we have got to start thinking about banding together in terms of interested groups.



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.



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.



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.



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.



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.



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.



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.



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.





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Humanity is the cancer of nature.

Humanity is the cancer of nature.




They say live it how you want toOr else someone else will.This is my life, and I willLive it.

They say live it how you want toOr else someone else will.This is my life, and I willLive it.



When it's a matter of not-do, I reckon a man can trust himself for advice. But when it comes to a matter of doing, I reckon a fellow had better listen to all the advice he can get.

When it's a matter of not-do, I reckon a man can trust himself for advice. But when it comes to a matter of doing, I reckon a fellow had better listen to all the advice he can get.



Talk uses up ideas. Once I have spoken them aloud, they are lost to me, dissipated into the noisy air like smoke. Only if I bury them, like bulbs, in the rich soil of silence do they grow.

Talk uses up ideas. Once I have spoken them aloud, they are lost to me, dissipated into the noisy air like smoke. Only if I bury them, like bulbs, in the rich soil of silence do they grow.



I can't be easy. It's not my nature. But it's my nature to love you.

I can't be easy. It's not my nature. But it's my nature to love you.



Keep hustling, something good will happen.

Keep hustling, something good will happen.



There is nothing like the occasional outburst of profanity to calm jangled nerves.

There is nothing like the occasional outburst of profanity to calm jangled nerves.



I was here for a reason. There was something I was meant not simply to be, but to do- and it wasn't to run or hide or give up the minute things seemed terrifying and impossible.

I was here for a reason. There was something I was meant not simply to be, but to do- and it wasn't to run or hide or give up the minute things seemed terrifying and impossible.



The spirit, like the body, can be strengthened and developed by frequent exercise. Just as the body, if neglected, grows weaker and finally impotent, so the spirit perishes if untended.

The spirit, like the body, can be strengthened and developed by frequent exercise. Just as the body, if neglected, grows weaker and finally impotent, so the spirit perishes if untended.




Quote Description


This page presents the quote "Personally I don't think day traders are speculating, because traditional speculation requires some market knowledge. They are, instead, gambling, which doesn't.". Author of this quote is Arthur Levitt Jr. This quote is about knowledge, gambling, traders, speculation, thinking, traditional,.