"I favour passive investing for most investors, because……" — Merton Miller
"I favour passive investing for most investors, because markets are amazingly successful devices for incorporating information into stock prices."
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Merton Miller
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22 Quotes by Merton Miller
Merton Miller has 22 quotes on this site.
A few more worth reading:
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To beat the market you'll have to invest serious bucks to dig up information no one else has yet.
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You only need to make one big score in finance to be a hero forever.
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What counts is what you do with your money, not where it came from.
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Junk bonds prove there's nothing magical in a Aaa bond rating.
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Everyone recognizes that's a joke because obviously the number and shape of the pieces doesn't affect the size of the…
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Arbitrage proof has since been widely used throughout finance and economics.
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As an economics undergraduate, I also worked on a part-time basis in Cambridge, Massachusetts, for a company that was advising…
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But in practice, if often comes down to not suffering a loss as big as the huge gain you made…
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I should mention that I am a member of the board of directors of Dimensional Fund Advisors.
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I had some of the students in my finance class actually do some empirical work on capital structures, to see…
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If there's 10,000 people looking at the stocks and trying to pick winners, one in 10,000 is going to score,…
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My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury.
See all 22 quotes by Merton Miller »
More Amazingly Quotes
This quote is filed under Amazingly Quotes,
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The body is amazingly stubborn when it comes to sacrificing itself to the annihilating directions of the mind.
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Every blade of grass, every insect, ant, and golden bee, all so amazingly know their path, though they have not…
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In the APS (American Physical Society) it is ok to discuss whether the mass of the proton changes over time…
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Americans are driving more in less-efficient vehicles. Sales of sports utility vehicles and pickup trucks have been amazingly strong considering…
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With control of the universe at stake, a crash program is imperative.We produced the A-bomb, under the huge Manhattan Project,…
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So on one hand, honey is an amazingly sophisticated and efficient food source. On the other hand, it's bee backwash.
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There’s a large part of me that’s four years old. I wake up in the morning and I know that…
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I've always said that instead of watching a guy juggle seven things amazingly I would rather see a really bad…
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Whatever vocation you decide on, track down the best people in the world at doing it and surround yourself with…
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There's a lot of differing data [about global warming], but as far as I can gather, over the last hundred…
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No celebrity bullshit,no self promotion,an amazingly gifted player who remained an unaffected human being
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