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Myron Scholes Quotes


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Quotes by Myron Scholes

Showing 11-20 of 20 Quotes by Myron Scholes

If we internationalize everything, we end up with rules that stifle freedom and innovation.

~Myron Scholes

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From an early age I was very, very fascinated by uncertainty.

~Myron Scholes

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My first reaction on being awarded the Nobel Prize was, actually, I thought of Fischer Black, my colleague. He unfortunately had passed away. And there was no doubt in my mind that if he were still alive, he would have been a co-recipient of the Nobel Prize.

~Myron Scholes

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Sometimes the early bird gets the worm, but sometimes the early bird gets frozen to death.

~Myron Scholes

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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.

~Myron Scholes

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My view is that one should diversify broadly across different fund investments. However, it's tough for investors to try to pick the appropriate risk level that they should manage their funds at. Having a personal adviser would be helpful.

~Myron Scholes

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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.

~Myron Scholes

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Building a road might create temporary jobs, but does it really create wealth if it doesn't also shorten commute times or otherwise make society better off?

~Myron Scholes

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Tax incentives might spur hiring in the short run, but how lasting are those gains if the jobs expire with the tax credits and they come at the expense of investing in the new technologies of the future?

~Myron Scholes

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I think in our global economy, uncertainty is ever increasing. So to accommodate to that, we need to build a dynamic economy and dynamic rules that can adapt to changing circumstances.

~Myron Scholes

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Biography

Nationality: Canadian

Type: Economist

Born: July 1st, 1941

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