"Most people might just as well buy a share of the whole market, which pools all the information, than delude themselves into thinking they know something the market doesn't."

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Source: Investment Gurus: A Road Map to Wealth from the World's Best Money Managers by Peter J. Tanous, (p. 269), 1999.

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Merton Miller

Economist

Merton Miller was a renowned economist known for his pivotal contributions to financial theory, particularly in capital structure and risk management.

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Merton Miller Economist

"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."

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