Myron Scholes Quotes

10 quotes in 174 categories

• Every side of a coin has another side.
• A bank needs models to measure risk. The problem, however, is that any one bank can measure its risk, but it also has to know…
• If we internationalize everything, we end up with rules that stifle freedom and innovation.
• From an early age I was very, very fascinated by uncertainty.
• My first reaction on being awarded the Nobel Prize was, actually, I thought of Fischer Black, my colleague. He unfortunately had passed away. And there…
• I was involved with Wells Fargo Bank as a consultant in the late 1960s and early 1970s, when I suggested to them that they develop…
• Sometimes the early bird gets the worm, but sometimes the early bird gets frozen to death.
• Innovation must lead infrastructure for a simple but compelling reason: Innovation produces new types of products and markets, and it is virtually impossible to know…
• Tax incentives might spur hiring in the short run, but how lasting are those gains if the jobs expire with the tax credits and they…
• I think in our global economy, uncertainty is ever increasing. So to accommodate to that, we need to build a dynamic economy and dynamic rules…

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