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Merton Miller

"What counts is what you do with your money, not where it came from."

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"What counts is what you do with your money, not where it came from."

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Donna Grant

"To make dollars from cents you have to have sense."

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Personal Development

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Donna Grant

"A drunkard would not give money to sober people. He said they would only eat it, and buy clothes and send their children to school with it."

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Personal Development

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Donna Grant

"Instead of giving money to found colleges to promote learning, why don't they pass a constitutional amendment prohibiting anybody from learning anything? If it works as good as the Prohibition one did, why, in five years we would have the smartest race of people on earth."

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Personal Development

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Donna Grant

"The price we have to pay for money is sometimes liberty."

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Personal Development

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Donna Grant

"Nothing induces me to read a novel except when I have to make money by writing about it. I detest them."

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Personal Development

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Donna Grant

"To understand someone, find out how he spends his money."

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Personal Development

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Donna Grant

"Egoism and Money [Goddess of wealth; Lakshmi] are very much at odds [have great enmity]. There should be just enough egoism to accomplish one's work. Beyond that, any expanded egoism and money have great enmity. Money (Lakshmi) stays away from it."

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Personal Development

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Donna Grant

"Money cannot buy you love. But it sure can buy you things that some people will love you for having."

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Personal Development

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Donna Grant

"When a fellow says, "It ain't the money but the principle of the thing," it's the money."

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Personal Development

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Donna Grant

"If advertisers spent the same amount of money on improving their products as they do on advertising then they wouldn't have to advertise them."

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Personal Development

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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."

Economy

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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."

Values

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Merton Miller
"You only need to make one big score in finance to be a hero forever."

Finance

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Merton Miller
"I had some of the students in my finance class actually do some empirical work on capital structures, to see if we could find any obvious patterns in the data, but we couldn't see any."

Finance

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Merton Miller
"But in practice, if often comes down to not suffering a loss as big as the huge gain you made a while ago."

Gain

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Merton Miller
"Arbitrage proof has since been widely used throughout finance and economics."

Finance

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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."

Economy

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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."

People

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Merton Miller
"What counts is what you do with your money, not where it came from."

Money

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Merton Miller
"Another is, if you take money out of your left pocket and put it in your right pocket, you're no richer."

Money

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