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 t…

- Arthur Levitt Jr

While fund performance is unpredictable, the impact of fees is not, .. A 1- percent annual fee will reduce an ending account balance by 17 percent af…

- Arthur Levitt Jr

Over the past two decades, we have clearly seen an erosion of ethical values.

- Arthur Levitt Jr

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 cust…

- Arthur Levitt Jr

Personally I don't think day traders are speculating, because traditional speculation requires some market knowledge. They are, instead, gambling, wh…

- Arthur Levitt Jr

Investors should start with a view of skepticism. They should become intellectual investors rather than emotional investors. They should be careful, …

- Arthur Levitt Jr

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…

- 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.

- Arthur Levitt Jr

But when that information travels only to a privileged few, when it is used to profit at the expense of the investing public, when that information c…

- Arthur Levitt Jr