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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."

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

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Aberjhani

"Unlike sport in business the win-win is the best possible score."

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Personal Development

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Aberjhani

"Everything is a contest. All dealings among men are a contest in which some will succeed and others fail. And some are failing quite spectacularly."

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Personal Development

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Aberjhani

"Nothing frustrates people more than a cocky guy who's still winning."

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Personal Development

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Aberjhani

"Competition is a bad company [kusang, the company which will bring our downfall]."

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Personal Development

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Aberjhani

"Competition may help us create better products and services but in the end competition really seeks to destroy the opponent. To put him out of the power to compete against you."

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Personal Development

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Aberjhani

"The rules of Panic are simple. Anyone can enter. But only one person will win."

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Personal Development

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Aberjhani

"Of all matches never was the like."

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Personal Development

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Aberjhani

"It's not rage that drives me, it's competition."

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Personal Development

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Aberjhani

"Live daringly, boldly, fearlessly. Taste the relish to be found in competition - in having put forth the best within you."

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Personal Development

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Aberjhani

"If you want to find the real competition, just look in the mirror. After awhile you'll see your rivals scrambling for second place."

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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
"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."

Change

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Arthur Levitt
"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."

Business

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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 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
"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."

Business

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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
"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."

Development

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