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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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Akiroq Brost

"Flattery is a kind of bad money, to which our vanity gives us currency."

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Personal Development

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Akiroq Brost

"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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Akiroq Brost

"Money should be ones demand and not command, one should not become a slave of Money because we made money to help us trade and not to make us, we're already made even without money."

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Personal Development

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Akiroq Brost

"Riches have never fascinated me, unless combined with the greatest charm or distinction."

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Personal Development

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Akiroq Brost

"There are few ways in which a man can be more innocently employed than in getting money."

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Personal Development

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Akiroq Brost

"Because people have no thoughts to deal in, they deal cards, and try and win one another's money. Idiots!"

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Personal Development

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Akiroq Brost

"It ain't often that a man's reputation outlasts his money."

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Personal Development

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Akiroq Brost

"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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Akiroq Brost

"I talked to General Downer about some of the funding about the National Guard and some of the civil defense workers, the firefighters, the police officers, and the way that FEMA is making them spend that money. We have got a problem there."

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Personal Development

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Akiroq Brost

"One of the evils of money is that it tempts us to look at it rather than at the things that it buys."

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

Success

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Merton Miller
"Junk bonds prove there's nothing magical in a Aaa bond rating."

Nothing

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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
"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."

Luck

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Merton Miller
"Most people might just as well buy a share of the whole market, which pools all the information, than delude themselves into thinking they know something the market doesn't."

People

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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
"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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Merton Miller
"I was born in Boston, Massachusetts on May 16, 1923, the only child of Joel and Sylvia Miller."

Boston

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

Finance

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

Finance

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