Alex Berenson
Alex Berenson
Alex Berensonis a former reporter for The New York Times and the author of several thriller novels and a book on corporate financial filings...
NationalityAmerican
ProfessionAuthor
Date of Birth6 January 1973
CountryUnited States of America
changes cushion equity financial greater hold leaving losses money people protects repay required smaller unexpected value wipe
Equity is the cushion that protects financial institutions from unexpected changes in the value of their assets. The greater the leverage, the smaller the losses required to wipe out a company's equity, leaving it without enough money to repay the people who hold its debt.
income
Individual income can grow only as fast as productivity rises.
analysis countries economy faster government others overall policies supply understand
Macroeconomics is the analysis of the economy as a whole, an examination of overall supply and demand. At the broadest level, macroeconomists want to understand why some countries grow faster than others and which government policies can help growth.
current earnings extremely future high levels relative stocks technology valued
Of course, the discounting of future earnings should hurt all stocks. But it should hurt technology stocks more than others, because so many of them are valued at extremely high levels relative to their current earnings.
couple decent except fidelity funds maybe mutual peek quarter statements sure
The thing to do with mutual funds is to buy a couple of decent ones, set up an investment plan and then never, ever think about them again, except maybe once a quarter or so when you take a peek at your statements to make sure that you have not accidentally been buying the Fidelity Peace-in-the-Middle-East fund.
bankruptcy cost
Most unfortunately, Enron's plunge into bankruptcy court also cost many of its rank-and-file employees their savings.
breach honored pledge reagan terrorists
The American pledge not to negotiate with terrorists has been honored more in the breach than the observance from the moment President Ronald Reagan made it.
dollars answers lavish-lifestyle
Evidence of defendants lavish lifestyles is often used to provide a motive for fraud. Jurors sometimes wonder why an executive making tens of millions of dollars would cheat to make even more. Evidence of habitual gluttony helps provide the answer.
wall likes share
In general, great companies prefer to grow organically, as Wall Street likes to say. That is, from the inside out, by finding new markets or by taking market share from their competitors.
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For chat-room tyros who expect to make their first million day-trading by age 27, paging through the Sunday newspaper with a pair of scissors just to save a couple of cents on Cheetos seems so, well, old economy.
information rising may
Volatility may be rising simply because investors must digest more information every day.
abby underestimate never-underestimate
Never underestimate the power of Abby Joseph Cohen.
united-states social contracts
The notion that employees and companies have a social contract with each other that goes beyond a paycheck has largely vanished in United States business.