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Merton Miller

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

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

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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
"My main interest, however, was in economics, not law."

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

Nothing

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

Boston

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Aberjhani

"We cut a few corners and brought the picture in under budget by $25,000, so Paramount let us go back to Boston with a small crew to shoot some additional footage."

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Personal Development

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Aberjhani

"I'm a kid from Boston."

Author Name

Personal Development

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Aberjhani

"For every $5 that Boston's economy sends up to Beacon Hill, the state gives only $1 back to us."

Author Name

Personal Development

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Aberjhani

"I'm definitely nervous and excited. I feel like I've been playing off-Broadway, not to say that Boston doesn't have a great theatre district or great theatre, but it's not going to Broadway; it's just a different city."

Author Name

Personal Development

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Aberjhani

"If Ted Williams just tip his cap once he could be elected Mayor of Boston in five minutes."

Author Name

Personal Development

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Aberjhani

"My ship was also in better condition than when she sailed from Boston on her long voyage. She was still as sound as a nut, and as tight as the best ship afloat. She did not leak a drop - not one drop!"

Author Name

Personal Development

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Aberjhani

"The word survivor suggests someone who has emerged alive from a plane crash or a natural disaster. But the word can also refer to the loved ones of murder victims, and this was the sense in which it was used at a four-day conference in early June at Boston College."

Author Name

Personal Development

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Aberjhani

"Was the crew well? Was I not? I had profited in many ways by the voyage. I had even gained flesh, and actually weighed a pound more than when I sailed from Boston."

Author Name

Personal Development

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Aberjhani

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

Author Name

Personal Development

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Aberjhani

"Boston is safe. And we're going to keep it safe."

Author Name

Personal Development

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