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Merton Miller Quotes: Another is, if you take money out of your left pocket and put it in your right pocket, you're no richer.
         

Another is, if you take money out of your left pocket and put it in your right pocket, you're no richer.


Merton Miller
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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 Quotes." Quoteslyfe.com, 2024. Sat. 04 May. 2024. <https://www.quoteslyfe.com/quote/Another-is-if-you-take-money-out-321902>.




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Other quotes of Merton Miller


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

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



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

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



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.

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.



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

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



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

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



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.

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.



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

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



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

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



Diversification is your buddy.

Diversification is your buddy.



Junk bonds prove there's nothing magical in a Aaa bond rating.

Junk bonds prove there's nothing magical in a Aaa bond rating.





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If you’re not scared every day, you’re not pushing hard enough.

If you’re not scared every day, you’re not pushing hard enough.




Marx understood well that the press was not merely a machine but a structure for discourse, which both rules out and insists upon certain kinds of content and, inevitably, a certain kind of audience.

Marx understood well that the press was not merely a machine but a structure for discourse, which both rules out and insists upon certain kinds of content and, inevitably, a certain kind of audience.



Take the straight path, even if it is long: marry no widow, even if she is a houri.

Take the straight path, even if it is long: marry no widow, even if she is a houri.




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The worst thing about being famous is the invasion of your privacy.



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I don't think goodness is something that you learn. If you're left adrift in the world to learn goodness from it, you would be in trouble.



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O that men would know themselves to be men; and that he that glorieth would glory in the Lord.




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This page presents the quote "Another is, if you take money out of your left pocket and put it in your right pocket, you're no richer.". Author of this quote is Merton Miller. This quote is about right, left,.