"Another is, if you take money out of……" — Merton Miller
"Another is, if you take money out of your left pocket and put it in your right pocket, you're no richer."
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Merton Miller
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22 Quotes by Merton Miller
Merton Miller has 22 quotes on this site.
A few more worth reading:
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To beat the market you'll have to invest serious bucks to dig up information no one else has yet.
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You only need to make one big score in finance to be a hero forever.
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What counts is what you do with your money, not where it came from.
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Junk bonds prove there's nothing magical in a Aaa bond rating.
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Everyone recognizes that's a joke because obviously the number and shape of the pieces doesn't affect the size of the…
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Arbitrage proof has since been widely used throughout finance and economics.
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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…
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But in practice, if often comes down to not suffering a loss as big as the huge gain you made…
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I should mention that I am a member of the board of directors of Dimensional Fund Advisors.
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I had some of the students in my finance class actually do some empirical work on capital structures, to see…
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I favour passive investing for most investors, because markets are amazingly successful devices for incorporating information into stock prices.
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If there's 10,000 people looking at the stocks and trying to pick winners, one in 10,000 is going to score,…
See all 22 quotes by Merton Miller »
More Left Quotes
This quote is filed under Left Quotes,
one of 9,060 quotes in that category. Here are a few more:
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Power and violence are opposites; where the one rules absolutely, the other is absent. Violence appears where power is in…
— Hannah Arendt
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No cause is left but the most ancient of all, the one, in fact, that from the beginning of our…
— Hannah Arendt
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Politics, it seems to me, for years, or all too long, has been concerned with right or left instead of…
— Richard Armour
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I think when you're 10 years old, it's too much to see something with the threat of death in every…
— J. J. Abrams
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In the holy city of Mecca, violence of any kind was forbidden. From the moment they left home, pilgrims were…
— Karen Armstrong
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Left eyebrow raised, right eyebrow raised.
— Mary Kay Ash
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In fact, I thought that Christianity was very a good and a very valuable thing for us. But after a…
— Chinua Achebe
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My face looks like a wedding-cake left out in the rain.
— Wystan Hugh Auden
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If a sufficient number of management layers are superimposed on top of each other, it can be assured that disaster…
— Norman Ralph Augustine
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I had many friends to help me to fall; but as to rising again, I was so much left to…
— Teresa of Avila
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A wingnut is someone on the far-right wing or far-left wing of the political spectrum - the professional partisans, the…
— John Avlon
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When one by one our ties are torn, and friend from friend is snatched forlorn; when man is left alone…
— Anna Letitia Barbauld
See all 9,060 Left Quotes »