I should mention that I am a member of the board of directors of Dimensional Fund Advisors.
More Quotes from Merton Miller:
As an economics undergraduate, I also worked on a part-time basis in Cambridge, Massachusetts, for a company that was advising customers about portfolio decisions, writing reports.Merton Miller
Arbitrage proof has since been widely used throughout finance and economics.
Merton Miller
What counts is what you do with your money, not where it came from.
Merton Miller
Another is, if you take money out of your left pocket and put it in your right pocket, you're no richer.
Merton Miller
To beat the market you'll have to invest serious bucks to dig up information no one else has yet.
Merton Miller
You only need to make one big score in finance to be a hero forever.
Merton Miller
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