"I should mention that I am a member of the board of directors of Dimensional Fund Advisors."
"Junk bonds prove there's nothing magical in a Aaa bond rating."
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Source: Investment Gurus: A Road Map to Wealth from the World's Best Money Managers by Peter J. Tanous, (p. 269), 1999.
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More quotes by Merton Miller
"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."
"What counts is what you do with your money, not where it came from."
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