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Merton Miller

"My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury."

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"My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury."

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Asa Don Brown

"The only difference, apart from heaps of cash, between someone who is wealthy and someone who is poor is having the right mindset and attitude."

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Asa Don Brown

"Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions."

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Asa Don Brown

"Well, banks are the biggest mafia, you know, except for the government of course."

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Asa Don Brown

"I believe Money is too important to leave in the hands of government officials."

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Asa Don Brown

"Don't think money does everything or you are going to end up doing everything for money."

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Asa Don Brown

"Once you deposit that money in your checking account, it becomes the bank's money and you're just another one of their creditors."

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Asa Don Brown

"Money is only a problem to those that aren't willing to develop a higher conscience about how to master it."

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Asa Don Brown

"Organized scarcity is the best way to increase your profits.This is the idea of the ends justify the means. There are second and third order effects that will take away all of the gains and then some. Wisdom is better than gold, peace is better than profit."

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Asa Don Brown

"A sure way to go broke is to spend your outer riches before you have saved enough of your inner ones."

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Asa Don Brown

"Sharpen and trust your judgement: learn when spending is a shrewd investment and when it is merely an indulgence."

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Merton Miller
"As an economics undergraduate, I also worked on a part-time basis in Cambridge, Massachusetts, for a company that was advising customers about portfolio decisions, writing reports."
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Merton Miller
"What counts is what you do with your money, not where it came from."
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Merton Miller
"So everybody has some information. The function of the markets is to aggregate that information, evaluate it, and get it incorporated into prices."
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Merton Miller
"Everyone recognizes that's a joke because obviously the number and shape of the pieces doesn't affect the size of the pizza. And similarly, the stocks, bonds, warrants, etc., issued don't affect the aggregate value of the firm."
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Merton Miller
"My research interests since then have shifted strongly towards the economic and regulatory problems of the financial services industry, and especially of the securities and options exchanges."
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Merton Miller
"What happened after publication of our paper was that, for the next 40 years, people said, all right, we now know the answer to the capital structure question under ideal conditions."
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Merton Miller
"Arbitrage proof has since been widely used throughout finance and economics."
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Merton Miller
"To beat the market you'll have to invest serious bucks to dig up information no one else has yet."
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Merton Miller
"Junk bonds prove there's nothing magical in a Aaa bond rating."
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Merton Miller
"I was born in Boston, Massachusetts on May 16, 1923, the only child of Joel and Sylvia Miller."
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