What counts is what you do with your money, not where it came from.Merton H. The Cost of Capital, Corporation Finance and the Theory of Investment. The American Economic Review, 1958
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Merton Miller was an influential American economist known for his groundbreaking work in the field of finance and for being a co-recipient of the Nobel Prize in Economic Sciences in 1990. He is best known for his contributions to the development of the Modigliani-Miller theorem, which laid the foundation for modern corporate finance by demonstrating that under certain conditions, a firm's value is unaffected by its capital structure. Miller's work has had a profound impact on both theoretical and practical aspects of finance.
d. 2000
What counts is what you do with your money, not where it came from.Merton H. The Cost of Capital, Corporation Finance and the Theory of Investment. The American Economic Review, 1958