“Of course. I favor passive investing for most investors, because markets are amazingly successful devices for incorporating information into stock prices.”

Merton Miller
Tags: Amazingly | Because | Course | Devices | Favor | Incorporating | Information | Into | Investing | Investors | Markets | Most | Passive | Prices | Stock | Successful
59% of people like this quote
Author details
Related authors
Other Merton Miller Quotes
I can't speak for them, of course, but I believe that most economists would accept the view that, while you sometimes can make a score by sheer luck, you can't do it constantly, unless you're willing to put the resources in.
Merton Miller 
63% of people like this quote
What counts is what you do with your money, not where it came from.
Merton Miller 
61% of people like this quote
I was born in Boston, Massachusetts on May 16, 1923, the only child of Joel and Sylvia Miller.
Merton Miller 
61% of people like this quote
