---
title: "1 Derivatives Futures Quotes By Myron Scholes"
description: "1 Derivatives Futures quotes by Myron Scholes. Plus more from Myron Scholes and more Derivatives Futures sayings from other authors."
image: "https://sms4smile.com/quotes/i/9a1/myron-scholes-25844_call_a-futures-contract-is-a-derivative-but-t_493195.jpg"
---

> [A futures contract is a derivative, but the futures exchange doesn't call them 'derivatives,' they call them 'futures.'](https://sms4smile.com/quotes/myron-scholes/a-futures-contract-is-a-derivative-but-the-futures-exchange-doesn-t/)

[Myron Scholes](https://sms4smile.com/quotes/author/myron-scholes/)

[Image](https://sms4smile.com/quotes/i/9a1/myron-scholes-25844_call_a-futures-contract-is-a-derivative-but-t_493195.jpg)

## More by Myron Scholes

> [My career in academic research has not been involved with active management of securities. I've tried to understand risk-and-return relationships; also the pricing of…](https://sms4smile.com/quotes/myron-scholes/my-career-in-academic-research-has-not-been-involved-with-active/)

[Myron Scholes](https://sms4smile.com/quotes/author/myron-scholes/)

> [Most of the time, your risk management works. With a systemic event such as the recent shocks following the collapse of Lehman Brothers, obviously…](https://sms4smile.com/quotes/myron-scholes/most-of-the-time-your-risk-management-works-with-a-systemic-event/)

[Myron Scholes](https://sms4smile.com/quotes/author/myron-scholes/)

> [Building a road might create temporary jobs, but does it really create wealth if it doesn't also shorten commute times or otherwise make society…](https://sms4smile.com/quotes/myron-scholes/building-a-road-might-create-temporary-jobs-but-does-it-really-create/)

[Myron Scholes](https://sms4smile.com/quotes/author/myron-scholes/)

> [The experience of the '90s, whether it's the '94 peso crisis or the '97 crisis in Asia, the '98 crisis, even the 2001 crisis,…](https://sms4smile.com/quotes/myron-scholes/the-experience-of-the-90s-whether-it-s-the-94-peso-crisis-or-the-97/)

[Myron Scholes](https://sms4smile.com/quotes/author/myron-scholes/)

> [A futures contract is a derivative, but the futures exchange doesn't call them 'derivatives,' they call them 'futures.'](https://sms4smile.com/quotes/myron-scholes/a-futures-contract-is-a-derivative-but-the-futures-exchange-doesn-t/)

[Myron Scholes](https://sms4smile.com/quotes/author/myron-scholes/)

> [If someone says to you, 'Go to an old-folks' home,' that's kind of ridiculous, because a lot of old people are doing terrific things…](https://sms4smile.com/quotes/myron-scholes/if-someone-says-to-you-go-to-an-old-folks-home-that-s-kind-of/)

[Myron Scholes](https://sms4smile.com/quotes/author/myron-scholes/)

> [All models have faults - that doesn't mean you can't use them as tools for making decisions.](https://sms4smile.com/quotes/myron-scholes/all-models-have-faults-that-doesn-t-mean-you-can-t-use-them-as-tools/)

[Myron Scholes](https://sms4smile.com/quotes/author/myron-scholes/)

> [If someone says to you, Go to an old-folks home, thats kind of ridiculous, because a lot of old people are doing terrific things…](https://sms4smile.com/quotes/myron-scholes/if-someone-says-to-you-go-to-an-old-folks-home-thats-kind-of/)

[Myron Scholes](https://sms4smile.com/quotes/author/myron-scholes/)

> [I'm a theorist, not an institutionalist.](https://sms4smile.com/quotes/myron-scholes/i-m-a-theorist-not-an-institutionalist/)

[Myron Scholes](https://sms4smile.com/quotes/author/myron-scholes/)

> [I was involved with Wells Fargo Bank as a consultant in the late 1960s and early 1970s, when I suggested to them that they…](https://sms4smile.com/quotes/myron-scholes/i-was-involved-with-wells-fargo-bank-as-a-consultant-in-the-late/)

[Myron Scholes](https://sms4smile.com/quotes/author/myron-scholes/)

> [My first reaction on being awarded the Nobel Prize was, actually, I thought of Fischer Black, my colleague. He unfortunately had passed away. And…](https://sms4smile.com/quotes/myron-scholes/my-first-reaction-on-being-awarded-the-nobel-prize-was-actually-i/)

[Myron Scholes](https://sms4smile.com/quotes/author/myron-scholes/)

> [I think in our global economy, uncertainty is ever increasing. So to accommodate to that, we need to build a dynamic economy and dynamic…](https://sms4smile.com/quotes/myron-scholes/i-think-in-our-global-economy-uncertainty-is-ever-increasing-so-to/)

[Myron Scholes](https://sms4smile.com/quotes/author/myron-scholes/)

> [From an early age I was very, very fascinated by uncertainty.](https://sms4smile.com/quotes/myron-scholes/from-an-early-age-i-was-very-very-fascinated-by-uncertainty/)

[Myron Scholes](https://sms4smile.com/quotes/author/myron-scholes/)

> [Innovation must lead infrastructure for a simple but compelling reason: Innovation produces new types of products and markets, and it is virtually impossible to…](https://sms4smile.com/quotes/myron-scholes/innovation-must-lead-infrastructure-for-a-simple-but-compelling/)

[Myron Scholes](https://sms4smile.com/quotes/author/myron-scholes/)

> [All models have faults - that doesnt mean you cant use them as tools for making decisions.](https://sms4smile.com/quotes/myron-scholes/all-models-have-faults-that-doesnt-mean-you-cant-use-them-as-tools/)

[Myron Scholes](https://sms4smile.com/quotes/author/myron-scholes/)

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