The central idea of the Modigliani-Miller theorem is that under certain conditions, the value of a firm is unaffected by how that firm is financed.
莫迪利亚尼-米勒定理的核心思想是,在某些条件下,公司的价值不受其融资方式的影响。
The heart may think it knows better: the senses know that absence blots people out. We have really no absent friends.
The best way to measure your investing success is not by whether you're beating the market but by whether you've put in place a financial plan and a behavioral discipline that are likely to get you where you want to go.
I don’t make art for the audience—I make it for the conversation.
Life is about making an impact, not making an income.
The most radical art is often the most subtle.