“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
“I think we have got to start thinking about banding together in terms of interested groups.” ThinkingTogetherTermGroupsBanding Together Author:Arthur Levitt Jr
“Today it's fashionable to talk about the New Economy, or the Information Economy, or the Knowledge Economy. But when I think about the imperatives of this market, I view today's economy as the Value Economy. Adding value has become more than just a sound business principle; it is both the common denominator and the competitive edge.” ThinkingTodayValuesSoundViewsCommonPrinciplesEconomyInformationEdgesImperativesFashionableCommon DenominatorAdding Value Author:Arthur Levitt Jr
“Personally I don't think day traders are speculating, because traditional speculation requires some market knowledge. They are, instead, gambling, which doesn't.” ThinkingTraditionalGamblingSpeculationTraders Author:Arthur Levitt Jr
