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 Read Quote
Firms need to ensure that their ability to provide effective customer service keeps pace with their growth. If you’re marketing your firm to new customers, you better be able to provide them service when they do business with you. Arthur Levitt Read Quote
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 Read Quote
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 Read Quote
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 Read Quote
What must occur is a greater recognition by investors of their individual responsibility. Arthur Levitt Read Quote
Promoting the interaction of orders remains one of the most difficult, but crucially important, challenges we face concerning our national market system. Arthur Levitt Read Quote
Once again, stock markets have been threatened with extinction for almost 75 years, and I have found that stock markets are harder to kill than roaches. Arthur Levitt Read Quote
Over the past two decades, we have clearly seen an erosion of ethical values. Arthur Levitt Read Quote
The tension between centrality, on the one hand, and competition, on the other, is probably the oldest of all market structure issues. Arthur Levitt Read Quote
