“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.” ThinkingMayChanceCompanyThousandSellingInvestorsChances AreEnron Author:Arthur Levitt Jr
“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.” WayUseOrderProtectLimitsOne WayInvestorsRapidsRapid Change Author:Arthur Levitt Jr
“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.” ShouldViewsEmotionalIntellectualCarefulInvestorsBe CarefulSkepticismSkeptical Author:Arthur Levitt Jr