List of Myron Scholes Quotes

We have put together a list of some of the best Quotes that Written by Myron Scholes

Myron Scholes
Total Quotes 10
I was involved with wells fargo bank as a consultant in the late 1960s and early 1970s, when i suggested to them that they develop a product that has become known as index funds.
Fargo Late 1960s
My career in academic research has not been involved with active management of securities. i've tried to understand risk-and-return relationships; also the pricing of derivative securities.
Careers Risk Active Management
I'm a theorist, not an institutionalist.
Theorists
A bank needs models to measure risk. the problem, however, is that any one bank can measure its risk, but it also has to know what the risk taken by other banks in the system happens to be at any particular moment.
Taken Risk Needs
If someone says to you, go to an old-folks home, thats kind of ridiculous, because a lot of old people are doing terrific things for society.
Home People Ridiculous
If we internationalize everything, we end up with rules that stifle freedom and innovation.
Innovation Ends Scholes
Innovation must lead infrastructure for a simple but compelling reason: innovation produces new types of products and markets, and it is virtually impossible to know how to run those markets efficiently before they are created.
Running Simple Compelling Reason
Sometimes the early bird gets the worm, but sometimes the early bird gets frozen to death.
Bird Frozen Sometimes
Every side of a coin has another side.
Coins Sides Scholes
All models have faults - that doesnt mean you cant use them as tools for making decisions.
Mean Decision Tools
  • Born: July 1, 1941
  • Occupation: Economist
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