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Take on the Street

business & management

business & management

1082 books
money & investing

money & investing

165 books
economics & politics

economics & politics

987 books
Takeaways
Description

In Take On the Street, former SEC chairman Arthur Levitt offers straight talk on how to protect yourself and your investments in a time when investor confidence in Wall Street and corporate America is at an historic low and many are seriously questioning whether or not they should continue to invest. Levitt's insider information, based on his years of experience as both a regulator and manager on Wall Street, offers the benefits of his personal experience. He reveals the relationship stockbrokers have with their clients (they are salesmen, plain and simple), the truth that can be hidden inside financial statements (a CEO's salary might not be all it seems to be), and who is a mutual fund managers really work for (their clients aren't necessarily investors).

Understanding the Financial Market

Arthur Levitt encourages readers to explore the financial market. He believes that understanding the market is crucial for making informed decisions. He provides insights into the workings of Wall Street, making it easier for you to navigate.

Importance of Financial Literacy

Levitt emphasizes the importance of financial literacy. He suggests that everyone should take the time to research and understand financial terms and concepts. This knowledge can help you make better investment decisions and protect your financial future.

Role of Government in Financial Markets

In 'Take on the Street', Levitt discusses the role of government in financial markets. He believes that the government should play a more active role in regulating these markets to protect investors and maintain economic stability. Check out his thoughts on this important issue.

Investor Protection

Levitt is a strong advocate for investor protection. He shares his experiences as the chairman of the Securities and Exchange Commission (SEC) and provides tips on how you can protect yourself from fraudulent schemes. This is a must-read for anyone looking to invest in the stock market.

Transparency in Financial Reporting

He also talks about the need for transparency in financial reporting. Levitt believes that companies should be honest and open about their financial status. This transparency can help investors make informed decisions and prevent financial crises. Find out more about his views on this topic in 'Take on the Street'.

Quotes 3

Arthur Levitt's book is a must-read for anyone interested in understanding the forces that are shaping our financial world.

Warren BuffettWarren Buffett - Investment Guru

Levitt's book provides a unique and insightful perspective on the inner workings of Wall Street.

Paul VolckerPaul Volcker - Former Fed Chairman

Take on the Street is an invaluable resource for anyone looking to navigate the complexities of the financial markets.

Alan GreenspanAlan Greenspan - Economist, Statistician
Warren BuffettPaul VolckerAlan Greenspan

Recommendations

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authorWarren Buffett

Warren Buffett

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Take on the Street found in libraries

1
79 books

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