Quote du Jour: Michael Milken

With so many economists explaining so knowingly in recent days how we got into our current predicament, I keep having a quote from Michael Milken going through my head.

You get full points for telling me things before they happen, not afterward.

    — Michael Milken (to Nobelist Myron Scholes at 2008 Milken Conference)

Related posts:

  1. Quote du Jour
  2. Gary (Becker), Danny (Kahneman), and Myron (Scholes)
  3. Quote du Jour: The Razor Edge of Obscurity
  4. Michael Lewis: Black-Scholes Deemed Bad for Health
  5. linkfest 05/14/08: Milken, Wind, Google Searches, etc.