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"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."
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"India's strength lies in her villages. Our aim is to bridge the differences between rural and urban India. We want our villages to have all the facilities that are there in the cities."
"The purpose of education should ultimately be the advancement of the species. And for this to actually happen, the world needs the kind of education by means of which character is formed, strength of the mind is increased and the human intellect is expanded beyond its own limits."
"The years nineteen and twenty are a crucial stage in the maturation of character, and if you allow yourself to become warped when you're that age, it will cause you pain when you're older."
"Sustainable Development is more than meeting the needs of today and the future generations, to my understanding this definition better fits sex industry."
"India will develop when our villages prosper. By improving the economy of villages we can power our country's growth."
"When children in village stop attending school, it should worry us. When it comes to rural development, we should not merely think of how much budget was allotted, we should look at Jan Suvidha in entirety."
"Few lack talent, but most people lack the vision & perseverance to develop their talents."
"One can give or withhold in a manner far more effective, sophisticated, useful, which is quite invisible to people who think that giving or withholding is done by external assessment. If you seek some mark of favour or 'promotion', know that you are not ready for it. Progress comes through capacity to learn, and is irresistible. Nobody can stand between you and knowledge if you are fit for it."
"The tallest trees sometimes grow from the smallest seeds."
"Just imagine the strides Africa would have made if all the resources being channeled towards conflict resolution were going into construction of power generation plants and irrigation capacity. Can't we promote our own peace? What are we doing to seriously focus on other eco-friendly energy sources like wind and solar?"
Explore more quotes by 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."
"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."
"Our role is to maintain and monitor a framework in which fair competition can flourish."
"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."
"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."
"I think we have got to start thinking about banding together in terms of interested groups."
"What must occur is a greater recognition by investors of their individual responsibility."
"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."
"The tension between centrality, on the one hand, and competition, on the other, is probably the oldest of all market structure issues."
"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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