And the answer is, "No." All I had in mind, as you know, is just--in talking about the creativity issue-- I just have in mind producing something new, producing something that hasn't been around before.

答案是,我所想的一切,如你所知,只是,在谈论到创造力这个问题时,我只是在脑海中酝酿些新的东西,酝酿一些从来没出现的东西

耶鲁公开课 - 死亡课程节选

It is an insight that Modigliani and Miller are offering the corporations that I think they often don't see that the real issue in the dividend-- both the dividend and the debt policies-- are really taxes and nothing else.

这是MM法则给予公司的建议,但是他们常常看不到,股利政策中最重要的是,不管是在股利还是负债政策中,只有税负才是关键

耶鲁公开课 - 金融市场课程节选