Merton Miller Quotes & Sayings (Page 2)
Merton Miller quotes and sayings page 2 (economist). These are the last 10 out of 20 quotes we have.
“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.”
“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.”
“Of course. I favor passive investing for most investors, because markets are amazingly successful devices for incorporating information into stock prices.”
“I was born in Boston, Massachusetts on May 16, 1923, the only child of Joel and Sylvia Miller.”
“Arbitrage proof has since been widely used throughout finance and economics.”
“Junk bonds prove there's nothing magical in a Aaa bond rating.”
“My main interest, however, was in economics, not law.”
“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.”
“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.”
“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.”
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