Robert C. Merton (born 31 July 1944) is an American economist, Nobel laureate in Economics, and professor at the MIT Sloan School of Management, known for Black-Scholes-Merton formula.
Read more about Robert C. Merton: Biography, Career, Personal Life, Honours and Awards
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“I would be a winner because I was a loser! That’s right. I dream of failure every night of my life, and that’s my secret. To make it in this rat race you have to dream of failing every day. I mean, that is reality.”
—Donald Freed, U.S. screenwriter, and Arnold M. Stone. Robert Altman. Richard Nixon (Philip Baker Hall)
“The logic of worldly success rests on a fallacy: the strange error that our perfection depends on the thoughts and opinions and applause of other men! A weird life it is, indeed, to be living always in somebody else’s imagination, as if that were the only place in which one could at last become real!”
—Thomas Merton (1915–1968)