Arthur Levitt Jr.
United States
3 Feb 1931 // 9 Feb 2001
Financial Advisor
3 Feb 1931 // 9 Feb 2001
Financial Advisor
Much of today's activity highlights an important difference between trading and investing. Trading is buying in the belief that the stock price will rise � regardless of what the buyer actually thinks it's worth... Investing for the long term means focusing on the fundamentals that make up a solid company... no matter how revolutionary change is.
Speech to the Finance Conference 2000, Boston College, Boston, MA. 'The New Economy' (2000)
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On Anger: "For every minute you remain angry, you give up sixty seconds of peace of mind."
Essays
Essays
On Destiny: "Our destiny exercises its influence over us even when, as yet, we have not learned its nature: it is our future that lays down the law of our today."
Human, All Too Human
Human, All Too Human
On Friendship: "A crowd is not company; and faces are but a gallery of pictures; and talk but a tinkling cymbal, where there is no love."
Essays
Essays