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Merton Miller Quotes: Junk bonds prove there's nothing magical in a Aaa bond rating.
         

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


Merton Miller
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"Merton Miller Quotes." Quoteslyfe.com, 2024. Sat. 04 May. 2024. <https://www.quoteslyfe.com/quote/Junk-bonds-prove-there-s-nothing-magical-882991>.





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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.



My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury.

My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury.





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Science says that and sociable and not in both shoes you could be happy.

Science says that and sociable and not in both shoes you could be happy.



It was a rotten time to try to be a man in America. Until Blue came along I’d never even spent time around a man. Hell, I’d never even seen one. Where were all the men in this once great land?

It was a rotten time to try to be a man in America. Until Blue came along I’d never even spent time around a man. Hell, I’d never even seen one. Where were all the men in this once great land?



Everybody comes from somewhere.

Everybody comes from somewhere.



Well, I'm glad we don't have to play in the shade.

Well, I'm glad we don't have to play in the shade.



The great are not famous, and the famous are not great

The great are not famous, and the famous are not great



I do good things in my life, too. It's just that none of them are funny.

I do good things in my life, too. It's just that none of them are funny.



I felt different born into a family with two sisters who are blonde and blue-eyed, with me being the only brunette.

I felt different born into a family with two sisters who are blonde and blue-eyed, with me being the only brunette.



Desire is the uneasiness a man finds in himself upon the absence of anything whose present enjoyment carries the idea of delight with it.

Desire is the uneasiness a man finds in himself upon the absence of anything whose present enjoyment carries the idea of delight with it.



I walk into the office at Southwark Bridge every morning, and I have no idea whats going to happen.

I walk into the office at Southwark Bridge every morning, and I have no idea whats going to happen.



Know that once we have received Jesus, we can't continue to live our old sinful lifestyle. Now that we have His Holy Spirit living in us, guiding us, and transforming us, we have no excuse.

Know that once we have received Jesus, we can't continue to live our old sinful lifestyle. Now that we have His Holy Spirit living in us, guiding us, and transforming us, we have no excuse.




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This page presents the quote "Junk bonds prove there's nothing magical in a Aaa bond rating.". Author of this quote is Merton Miller. This quote is about junk, rating, prove, ties,.