“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.”
Quote by Merton Miller
Author
Merton Miller
Merton Miller was a renowned economist, born on May 16, 1923, and passed away on June 3, 2000. He made significant contributions to the field of financial economics, particularly in the areas of capital costs and corporate finance. more