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.
More Quotes from Merton Miller:
My main interest, however, was in economics, not law.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.
Merton Miller
When I started worrying about stocks, it was the late 1930s and early 1940s and it didn't seem like a good way to make money then, either.
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.
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.
Merton Miller
What counts is what you do with your money, not where it came from.
Merton Miller
Readers Who Like This Quotation Also Like:
Based on Topics: Capital Quotes, Ideal Quotes, People QuotesBased on Keywords: publication
The old sergeant from headquarters treats me like a son and takes the greatest pride in whatever I do or write. He regularly assigns me now to certain doors, and I always obey orders like the little gentleman that I am.
Richard H. Davis
Work is love made visible. And if you cannot work with love but only with distaste, it is better that you should leave your work and sit at the gate of the temple and take alms of those who work with joy.
Khalil Gibran
What you come to discover is, it isn't how you get there, it's that you get there. If that's what it took to get me where I'm at today, so be it.
Charlie Sheen