Quote of the day by Merton Miller: 'To beat the market you’ll have to invest serious bucks to...' - investment lessons and wealth quotes by Nobel prize-winning economist Merton Miller

Quote of the day by Merton Miller: Nobel laureate Merton Miller emphasized that outperforming the market requires significant investment in unique information, a costly endeavor. His insights highlight the difficulty of consistently earning above-average returns due to efficient markets. This underscores why diversified, passive strategies often prove more beneficial for most investors.