"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
About this Quote
This quote by Arthur Levitt is a testament to the durability of stock exchange. Regardless of the many hazards to their existence, stock exchange have handled to make it through for almost 75 years. This is a remarkable feat, specifically when compared to other entities that have actually been not able to endure the test of time. Levitt is suggesting that stock markets are more durable than roaches, which are notoriously challenging to get rid of. This contrast implies that stock markets are exceptionally long lasting and can hold up against even the most challenging of situations. This quote functions as a tip that stock markets are an effective force that needs to not be ignored.
About the Author