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

- Myron Scholes

My career in academic research has not been involved with active management of securities. I've tried to understand risk-and-return relationships; al…

- Myron Scholes

Every side of a coin has another side.

- Myron Scholes

A bank needs models to measure risk. The problem, however, is that any one bank can measure its risk, but it also has to know what the risk taken by …

- Myron Scholes

If someone says to you, Go to an old-folks home, thats kind of ridiculous, because a lot of old people are doing terrific things for society.

- Myron Scholes

I was involved with Wells Fargo Bank as a consultant in the late 1960s and early 1970s, when I suggested to them that they develop a product that has…

- Myron Scholes

All models have faults - that doesnt mean you cant use them as tools for making decisions.

- Myron Scholes

Innovation must lead infrastructure for a simple but compelling reason: Innovation produces new types of products and markets, and it is virtually im…

- Myron Scholes

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

- Myron Scholes