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"What must occur is a greater recognition by investors of their individual responsibility."
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Exlpore more Responsibility quotes
"Stop confusing poor decision-making with destiny. Take accountability. Wanting, praying, hoping, and wishing for change isn't enough. Desire doesn't changes lives; BEHAVIOR does."
"I am accountable for every lie that I tell, but I am also accountable for the effects of every harsh truth I deliver."
"What you inherit from your fathermust first be earned before it's yours."
"A circumstance is not easy to come by and when it does, there are causes behind it. Therefore I do those things which bring an end to all the causes."
"If one takes responsibility for the mistakes, he is the true person, isn't it? Do not insist. Instead of insisting, instead of blaming others, take the responsibility of the mistakes on your head!"
"All this has been created from self-fault and self-imagination!"
"One other thing I learned from working in a company was that the majority of people in the world have no problem following orders. They're actually happy to be told what to do. They might complain, but that's not how they really feel. They just grumble out of habit. If you told them to think for themselves, and make their own decisions and take responsibility for them, they'd be clueless."
"We should each be a carrier of the Kingdom."
"Polygamy is a luxury of the cave-people, and monogamy is an existential responsibility of the civilized society."
"And despite the insignificance of the instant we have so far occupied in cosmic time, it is clear that what happens on and near Earth at the beginning of the second cosmic year will depend very much on the scientific wisdom and the distinctly human sensitivity of mankind."
Explore more quotes by Arthur Levitt
"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."
"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."
"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."
"Our purpose, as we face these challenges, remains clear - fair and orderly markets that allow for efficient capital formation, while protecting the interests of investors."
"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."
"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."
"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."
"It is incumbent on us to facilitate the development of a market structure that best assures that these changes benefit the U.S. securities markets as a whole."
"The tension between centrality, on the one hand, and competition, on the other, is probably the oldest of all market structure issues."
"I think we have got to start thinking about banding together in terms of interested groups."
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