"Arbitrage proof has since been widely used throughout finance and economics."

--

Merton Miller

#Umpires Quotes #Finance Quotes #Economics Quotes

“The paternalist is a sentimentalist at heart, and the sentimentalist is always potentially cruel.”
“An excellent precept for writers: Have a clear idea of all the phrases and expressions you need, and you will find them.”
“We are near 2010â€¦.2010!! Yet race, sex and religion still play a major role in a hate driven society. For the love of the future and humanityâ€¦.letâ€™s wake up.”
“A lot of Republicans are white Christians, but the Republican Party is reaching out to Hispanics, and reaching out to blacks, and reaching out to Asians.”
“Human conduct is ever unreliable until man is anchored in the Divine. Everything in the future will improve if you are making a spiritual effort now.”
“Fascism, the more it considers and observes the future and the development of humanity quite apart from political considerations of the moment, believes neither in the possibility nor the utility of perpetual peace. It thus repudiates the doctrine of Pacifism - born of a renunciation of the struggle and an act of cowardice in the face of sacrifice. War alone brings up to its highest tension all human energy and puts the stamp of nobility upon the peoples who have courage to meet it.”
“Owning a TVR in the past was like owning a bear. I mean it was great, until it pulled your head off, which it would.”
“If a person who indulges in gluttony is a glutton, and a person who commits a felony is a felon, then God is an iron.”

Source : Spider Robinson (1996). “Deathkiller”, Baen Books

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