Investors have been too willing to buy stocks with strong reported earnings, even if they do not understand how the earnings are produced. Alex Berenson Read Quote
Enron Field in Houston, the Trans World Dome in St. Louis and PSINet Stadium in Baltimore are just three of the modern-day coliseums named for companies that have found new homes in bankruptcy court. Alex Berenson Read Quote
From 1983 to 2000, William Goren stole more than $30 million from investors on Long Island and in Queens. His favorite targets were widows and retired couples, like Helga and Simon Novack, Holocaust survivors who gave Mr. Goren their life savings. Alex Berenson Read Quote
Soldiers willingly, sometimes foolishly, risk their own lives to keep their comrades out of enemy hands. Alex Berenson Read Quote
It has been said that the Fed’s job is to take the punch bowl away just as the party gets going, raising interest rates when the economy is growing too fast and inflation threatens. Alex Berenson Read Quote
Big swings in the wholesale price of electricity are not unusual in the summer, when high demand taxes generators’ ability to supply power. Alex Berenson Read Quote
When all the plants in a region are running at full steam, there is simply no way to get more power. Alex Berenson Read Quote
Information technology departments must spend enormous amounts of time and money worrying about integrating big computer systems with billions of pieces of customer data. Alex Berenson Read Quote
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. Alex Berenson Read Quote
