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"Junk bonds prove there's nothing magical in a Aaa bond rating."
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"Nothing that you have not given away will ever be really yours."
Author Name
Personal Development
"As it is the characteristic of great wits to say much in few words, so small wits seem to have the gift of speaking much and saying nothing."
Author Name
Personal Development
"Since philosophy now criticizes everything it comes across, a critique of philosophy would be nothing less than a just reprisal."
Author Name
Personal Development
"There is nothing so difficult to marry as a large nose."
Author Name
Personal Development
"Even if you have nothing to write, write and say so."
Author Name
Personal Development
"Nothing endures but personal qualities."
Author Name
Personal Development
"There is nothing more imprudent than excessive prudence."
Author Name
Personal Development
"Nothing is so unbelievable that oratory cannot make it acceptable."
Author Name
Personal Development
"Nothing is so common-place as to wish to be remarkable."
Author Name
Personal Development
"Nothing like a little judicious levity."
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Personal Development
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"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
"Junk bonds prove there's nothing magical in a Aaa bond rating."
Nothing
"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
"You only need to make one big score in finance to be a hero forever."
Finance
"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
"But in practice, if often comes down to not suffering a loss as big as the huge gain you made a while ago."
Gain
"Arbitrage proof has since been widely used throughout finance and economics."
Finance
"So everybody has some information. The function of the markets is to aggregate that information, evaluate it, and get it incorporated into prices."
Economy
"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
"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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