Robert C. Merton Quotes


In college I started studying the stock market. I went down to the stock exchange, watched all the activity from the visitors' gallery, people running around, calling numbers, shouting, and all the paper flying and the bells ringing, and of course that was exciting, and it seemed to lend itself to my analytical skills.


Citations

Merton, Robert C. "Robert C. Merton - Interview." NobelPrize.org, Nobel Prize Outreach AB, 2004.

Related Quotes

The New York Stock Exchange had closed for the day after the assassination of President Kennedy. Lyndon Johnson called Funston to express his appreciation:


Robert C. Merton
Robert C. Merton
  • Born: July 31, 1944
  • Nationality: American
  • Profession: Economist

Robert Cox Merton is an American economist, Nobel Memorial Prize in Economic Sciences laureate, and professor at the MIT Sloan School of Management, known for his pioneering contributions to continuous-time finance, especially the first continuous-time option pricing model, the Black–Scholes–Merton model. In 1993 Merton co-founded hedge fund Long-Term Capital Management.