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"What counts is what you do with your money, not where it came from."
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"Money cannot buy you love. But it sure can buy you things that some people will love you for having."

"The Bible does not say money is the root of all evil; it says the love of money is the root of all kinds of evil. A poor man who, in his heart, worships the idea of being rich is more vulnerable to its evils than a rich man who has a heart to use it all for the Lord."

"Put not your trust in money, but put your money in trust."
Explore more quotes by 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."

"I can't speak for them, of course, but I believe that most economists would accept the view that, while you sometimes can make a score by sheer luck, you can't do it constantly, unless you're willing to put the resources in."

"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."

"Of course. I favor passive investing for most investors, because markets are amazingly successful devices for incorporating information into stock prices."

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

"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."

"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."

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