“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.”

Source: Investment Gurus: A Road Map to Wealth from the World's Best Money Managers. 1999, p. 269.

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Merton Miller5

American economist 1923–2000

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“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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Merton Miller5

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