"A personality is a full Congress of orators and pressure-groups, of children, demagogues, communists, isolationists, war-mongers, mugwumps, grafters, prayer-meetings, spiritualists, and astrologers."

莫迪利亚尼-米勒定理的核心思想是，在特定条件下，公司的价值不受其融资方式的影响。