To beat the market you'll have to invest serious bucks to dig up information no one else has yet.
More Quotes from Merton Miller:
My main interest, however, was in economics, not law.Merton Miller
I should mention that I am a member of the board of directors of Dimensional Fund Advisors.
Merton Miller
My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury.
Merton Miller
Everyone recognizes that's a joke because obviously the number and shape of the pieces doesn't affect the size of the pizza. And similarly, the stocks, bonds, warrants, etc., issued don't affect the aggregate value of the firm.
Merton Miller
You only need to make one big score in finance to be a hero forever.
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
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John Huston
And I also take photos of hydrogen bomb, from another part of the building. It was not part of my job, but I succeeded to go and take photos of the hydrogen bomb.
Mordechai Vanunu
Fame is the thirst of youth.
Lord Byron