"If there's 10,000 people looking at the stocks……" — Merton Miller

If there's 10,000 people looking at the stocks and trying to pick… - Merton Miller
"If there's 10,000 people looking at the stocks and trying to pick winners, one in 10,000 is going to score, by chance alone, a great coup, and that's all that's going on. It's a game, it's a chance operation, and people think they are doing something purposeful... but they're really not."

Merton Miller

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