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 couldnt see any. – Merton Miller
You only need to make one big score in finance to be a hero forever. – Merton Miller
My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury. – Merton Miller
To beat the market youll have to invest serious bucks to dig up information no one else has yet. – Merton Miller
Food during my early years was a very difficult issue for me. I grew up in an addictive family. My mother had serious problems with alcohol and prescription drugs. I was an overweight kid. I can remember back in those days there werent the strategies that there are today to deal with those issues. – Tom Vilsack