Merton Miller Quotes

Merton Miller
American Economist
Born: May 16, 1923
Died: Jun 3, 2000
Economics Finance Money People You Your
Related authors: Alan Greenspan Herbert A. Simon John Kenneth Galbraith Milton Friedman Paul A. Volcker Richard Thaler Robert Reich Thomas Sowell
So everybody has some information. The function of the markets is to aggregate that information, evaluate it, and get it incorporated into prices. Merton Miller
Everybody Markets Some Prices Get Information Aggregate Evaluate Function Incorporated
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. Merton Miller
Buy People Thinking Market Something Share Delude Know Most Well Than Just Information Which Pools Might Themselves Whole
I was born in Boston, Massachusetts on May 16, 1923, the only child of Joel and Sylvia Miller. Merton Miller
Born Only Boston Only Child Massachusetts Child May Miller
My main interest, however, was in economics, not law. Merton Miller
Law Economics Main However Interest
My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury. Merton Miller
Finance Corporate Had Since Particularly Expertise Public Taxation Us Worked Treasury
Arbitrage proof has since been widely used throughout finance and economics. Merton Miller
Finance Economics Proof Throughout Since Been Used Widely
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. Merton Miller
People Our Paper Structure Ideal Know Answer Said Years Question Conditions After Happened Capital Next Publication Now Right
What counts is what you do with your money, not where it came from. Merton Miller
You Money Counts Came Where Your
But in practice, if often comes down to not suffering a loss as big as the huge gain you made a while ago. Merton Miller
You Suffering Made Practice Big Down Loss Huge Often Gain While
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. Merton Miller
You Speak Sometimes Luck Believe Resources Unless Willing Would Constantly Put Economists Most Make Accept Course Sheer Score While Them View

No more Merton Miller quotes

Haven't find the right quote? Try quotes from authors related to Merton Miller.

About
Site pages
Top Quotes
Authors
Today's birthdays
Copyright © Quotesia 2025