Phrase by 'Merton Miller'

Warning: We collect thousands of phrases from different public resources. We are not responsible for any incorrect content or inaccurately information related to the phrases we collect on our website. Famous phrases, proverbs, short phrases, phrases from kids. Phrases about friendship, love, cinema, family, humor, motivation, mindfullness, improvement, life and much more. Our only goal is to offer you these phrases as an inspiration so that you can make unique dedications, express your thoughts and emotions or share on your social networks. Enjoy our content.

Arbitrage proof has since been widely used throughout finance and economics.

Author: Merton Miller - American Economist
  Been , Finance , Used , Economics


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.

Author: Merton Miller - American Economist
  People , Know , Said , Answer


What counts is what you do with your money, not where it came from.

Author: Merton Miller - American Economist
  You , Your , Where , Money


I should mention that I am a member of the board of directors of Dimensional Fund Advisors.

Author: Merton Miller - American Economist
  I Am , Should , Board , Mention


Of course. I favor passive investing for most investors, because markets are amazingly successful devices for incorporating information into stock prices.

Author: Merton Miller - American Economist
  Favor , Successful , Because , Information


So everybody has some information. The function of the markets is to aggregate that information, evaluate it, and get it incorporated into prices.

Author: Merton Miller - American Economist
  Some , Get , Function , Information


To beat the market you'll have to invest serious bucks to dig up information no one else has yet.

Author: Merton Miller - American Economist
  You , Serious , Finance , Information


You only need to make one big score in finance to be a hero forever.

Author: Merton Miller - American Economist
  You , Need , Hero , Finance


But in practice, if often comes down to not suffering a loss as big as the huge gain you made a while ago.

Author: Merton Miller - American Economist
  You , Down , Suffering , Loss


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.

Author: Merton Miller - American Economist
  You , View , Luck , Believe


Websites don't have to be complicated