Academic Quote 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 derivative securities.”
About This Quote
My academic work focuses on risk, return, and derivatives pricing, not active security management.
In simple terms: Research is on risk and pricing, not managing securities.
Separate research from active trading.
Themes
Mood
Type
When to use this quote
- investment firms
- academic conferences
- risk analysis
Key Concepts
Questions to Reflect On
- How does theory inform practice?
- What are the gaps between research and management?
May limit practical application.