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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."

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"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."

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Asa Don Brown

"It is so hard to leave-until you leave. And then it is the easiest goddamned thing in the world."

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Asa Don Brown

"Clever nations are the ones who keep changing their governments! Because power must change hands otherwise it will get spoiled and rot!"

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Asa Don Brown

"But in the meantime I became accustomed to the writing life and it would be hard to change now - partly because of the salary cut if I went to my other love, teaching; and partly because I still have stories to tell, even though it isn't all that fun doing the work anymore."

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Asa Don Brown

"America was never designed to be fixed forever, but was meant to be fluid and evolving."

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Asa Don Brown

"Human beings are the only animal that thinks they change who they are simply by moving to a different place. Birds migrate, but it's not quite the same thing."

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Asa Don Brown

"A personality alters itself through a series of self-referential experiences. We are not the same as the day before. Much as a person can never set foot in exactly the same river on any given day, we are different each day. Yesterday made us, but the past cannot contain nor restrain us. We can never mentally scroll backward and be who we used to be. We must move forward in the stream of life until the day that our life force dries up and we return to dust."

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Asa Don Brown

"We fear change because it insists we discard long held structures that no longer function suitably."

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Asa Don Brown

"What you're supposed to do when you don't like a thing is change it. If you can't change it, change the way you think about it. Don't complain."

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Asa Don Brown

"It is a great danger for everyone when what is shocking changes."

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Asa Don Brown

"If you don't like how things are, change it! You're not a tree."

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Arthur Levitt
"Our role is to maintain and monitor a framework in which fair competition can flourish."
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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."
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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."
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Arthur Levitt
"I think we have got to start thinking about banding together in terms of interested groups."
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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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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."
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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."
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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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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."
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Arthur Levitt
"Over the past two decades, we have clearly seen an erosion of ethical values."
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