27 Quotes by Michael Milken

There's no substitute for rolling up your sleeves and working with the people who can make a difference. They get the benefit of your participation and you gain a direct understanding of the real problems and potential solutions, which makes you a more informed giver.

My experience indicates that most people who've accumulated a great deal of wealth haven't had that as their goal at all. Wealth is only a by-product, not the original motivation.

There’s no substitute for rolling up your sleeves and working with the people who can make a difference. They get the benefit of your participation and you gain a direct understanding of the real problems and potential solutions, which makes you a more informed giver.

For those of us who have lost loved ones in their prime – as I did when my father and other relatives succumbed – even one of those years would have been a precious gift.

My experience indicates that most people who’ve accumulated a great deal of wealth haven’t had that as their goal at all. Wealth is only a by-product, not the original motivation.

In financing growing companies, we always looked for human value that didn’t appear on the balance sheet.

The rest of the world is growing so quickly, they’ll be looking for anything to buy.

Financing is an art form. One of the challenges is how to correctly finance a company. In certain periods of time, more covenants need to be put into deals. You have to be sure the company has the right covenant – to allow it the freedom to grow, but also to insure the integrity of the credit. Sometimes a company should issue convertible bonds instead of straight bonds. Sometimes it should issue preferred stock. Each company and each financing is different, and the process can’t be imitative.

Dedicated researchers seek better treatments and cures for diabetes, kidney disease, Alzheimer’s and every form of cancer. But these scientists face an array of disincentives. We can do better.