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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."

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"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."

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Asa Don Brown

"It is not true that people are naturally equal for no two people can be together for even a half an hour without one acquiring an evident superiority over the other."

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Personal Development

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Asa Don Brown

"Do you genuinely love people? Or at least make an effort to like them? Your first impressions will be made easier and more successful when you start with your heart."

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Personal Development

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Asa Don Brown

"People will not remember what you did for living,they will remember how you touched them with kindness and loving."

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Personal Development

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Asa Don Brown

"He makes people pleased with him by making them first pleased with themselves."

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Personal Development

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Asa Don Brown

"People are always good company when they are doing what they really enjoy."

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Personal Development

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Asa Don Brown

"No good opera plot can be sensible, for people do not sing when they are feeling sensible."

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Personal Development

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Asa Don Brown

"With most people disbelief in a thing is founded on a blind belief in some other thing."

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Personal Development

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Asa Don Brown

"There are three categories of people exist in the world; "the wanters", "the wishers" and "the makers."

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Personal Development

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Asa Don Brown

"Prune - prune businesses, products, activities, people. Do it annually."

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Personal Development

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Asa Don Brown

"Some people bear three kinds of trouble - the ones they've had, the ones they have, and the ones they expect to have."

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

Money

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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
"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
"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."

Finance

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

Finance

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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."

Information

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

Finance

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