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Arthur Levitt

"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."

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"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."

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Donna Grant

"I hate books they teach us only to talk about what we do not know."

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Donna Grant

"Rachel crossed her arms. "And the other three Oracles? I'm sure none of them was a beautiful young priestess whom you praised for her "what was it?" 'scintillating conversation'?"Ah" I wasn't sure why, but it felt like my acne was turning into live insects and crawling across my face. "Well, according to my extensive research-"Some books he flipped through last night, Meg clarified."

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Donna Grant

"Brand-new truths are probably not Truths."

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Donna Grant

"I don't like psychiatrists, Alecto told her. "Not because they don't think I'm real, but because they have no idea what they're doing."

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Donna Grant

"For the modern world will accept no dogmas upon any authority; but it will accept any dogmas on no authority. Say that a thing is so, according to the Pope or the Bible, and it will be dismissed as a superstition without examination. But preface your remark merely with "they say" or "don't you know that?" or try (and fail) to rememver the name of some professor mentioned in some newspaper; and the keen rationalism of the modern mind will accept every word you say."

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Donna Grant

"The wrong approaches to faith and to skepticism are equally detrimental to the path. For the former declares its answers too soon and is later found false, the latter rejects sound answers altogether and hashes itself useless."

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Donna Grant

"Science is not a democracy. Therefore to try to pass of global warming as real just because "98% of scientists say they agree" makes no sense at all. If 98% of psychiatrists said that all mentally ill people needed lobotomized, does that make it true? If 98% of your friends jumped off a building, would you jump, too?"

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Donna Grant

"Round numbers are always false."

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Donna Grant

"Never trust a high altitude astronomer."

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Donna Grant

"Doubter wants proof which contributes nothing to her faith."

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

Values

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Arthur Levitt
"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."

Purpose

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Arthur Levitt
"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."

Years

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Arthur Levitt
"Our role is to maintain and monitor a framework in which fair competition can flourish."

Competition

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Arthur Levitt
"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."

Selling

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Arthur Levitt
"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."

Computer

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Arthur Levitt
"The tension between centrality, on the one hand, and competition, on the other, is probably the oldest of all market structure issues."

Competition

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

Thinking

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Arthur Levitt
"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."

Skepticism

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Arthur Levitt
"Our markets have not achieved their great successes as a result of government fiat, but rather through efforts of competing interests working to meet the demands of investors and to fulfill the promises posed by advancing technology."

Government

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