Quote by Merton Miller
To beat the market you'll have to invest serious bucks to dig up information no one else has yet.
This quote suggests that in order to outperform the stock market, individuals need to invest substantial amounts of money to gather unique and valuable information that no one else has access to. The implication is that beating the market requires extensive research, analysis, and potentially expensive resources to gain a competitive advantage. It emphasizes the importance of going to great lengths to acquire exclusive information in order to make more informed investment decisions.