One of the things I like about doing science, the thing that is the most fun, is coming up with something that seems ridiculous when you first hear it but finally seems obvious when you're finished. — Fischer Black Copy Share Image
In the real world of research, conventional tests of [statistical] significance seem almost worthless. — Fischer Black Copy Share Image
Markets look a lot less efficient from the banks of the Hudsonthan the banks of the Charles. — Fischer Black Copy Share Image
One of the things I like about doing science, the thing that is the most fun, is coming up with something that seems ridiculous… — Fischer Black Copy Share Image
In the end, a theory is accepted not because it is confirmed by conventional empirical tests, but because researchers persuade one another that the… — Fischer Black Copy Share Image
Thus a long term corporate bond could actually be sold to three separate persons. One would supply the money for the bond; one would… — Fischer Black Copy Share Image