The tension between centrality, on the one hand, and competition, on the other, is probably the oldest of all market structure issues.
Arthur Levitt
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Once again, stock markets have been threatened with extinction for almost 75 years, and I have found that stock markets are harder to kill than roaches.
- Arthur Levitt -
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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.
- Arthur Levitt -