Arthur Levitt Quotes

While private equity will remain technically private, its actions will become the public's concern. - Arthur Levitt

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 after 20 years. - Arthur Levitt

What must occur is a greater recognition by investors of their individual responsibility. - Arthur Levitt

We have an opportunity today that we may not have again in our lifetime, to realize the vision for a true national market system. - Arthur Levitt

We have an opportunity now that I don't think we'll have again in our lifetime to come closer to the vision of a national market system that, in my judgment, has been too long delayed. - Arthur Levitt

We all understand that directors aren't required to guarantee that their fund has the lowest fees... But they are required to ask whether fund investors are getting their money's worth. What do independent directors know about management's costs and their profitability? - Arthur Levitt

To close the gap between those in the so-called 'know' and the rest of us in the public. - Arthur Levitt

This is the best hope that the investor community has today... This is the first time that a group made up of this type of individuals has come out for expensing stock options and curbs on the excessive compensation executives have been receiving. - Arthur Levitt

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