Famous quote by Merton Miller

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I cant speak for them, of course, but I believe that most economists would accept the view that, while you sometimes can
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"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

About this Quote

Merton Miller's quote recommends that while it is possible to make a profit through luck, it is not a sustainable method to earn money. He implies that in order to make consistent profits, one must want to invest resources. This is a view that is widely accepted by economic experts, as it is based on the concept that in order to make money, one must want to put in the effort and resources. Miller's quote is a reminder that luck can just take one up until now, and that in order to make constant revenues, one must be willing to invest resources. This is an idea that is commonly accepted by economists, and is a pointer that luck is not a reputable way to earn money.

About the Author

USA Flag This quote is written / told by Merton Miller between May 16, 1923 and June 3, 2000. He/she was a famous Economist from USA. The author also have 19 other quotes.

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