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 may back-up.
Arthur Levitt JrWe should never lose sight of the underlying essence of a market-a place where buyers and sellers come together. Every other feature-whether crafted by tradition or technology-exists only to serve that primary purpose.
Arthur Levitt JrOne 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 JrInvestors 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.
Arthur Levitt Jr