Normally, banks record profits on loans only as they are repaid, whether they securitize the loans or hold them on their books. Alex Berenson bankbookhold Change image and share on social
At first glance, Martha Stewart, queen of artfully distressed home furnishings, might not seem to have much in common with Michael R. Milken, one-time king of junk bonds. Alex Berenson artfullybondcommon Change image and share on social
For investors who do want to speculate in high-yield bonds, one alternative may be a junk bond mutual fund, which can offer investors the relative safety of diversification. Alex Berenson alternativebonddiversification Change image and share on social
As they grow, companies saturate their markets, become more complex and difficult to manage, and face larger and more entrenched competitors. Alex Berenson companycompetitorcomplex Change image and share on social
Mr. Snowden did not start out as a spy, and calling him one bends the term past recognition. Spies don't give their secrets to journalists for free. Alex Berenson bendcallfree Change image and share on social
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. Alex Berenson currentdiscountearnings share on social
The difference between microeconomics and macroeconomics is a bit like the difference between biology and medicine. Knowing that certain genes increase the risk of cancer is relatively easy. Figuring out exactly which people will get sick, or how to cure them, is a lot more complicated. Alex Berenson biologybitecancer share on social
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 buyearningsinvestor Change image and share on social
Trust the Canadians to produce a game about mutual funds that is actually more boring than the real thing. Alex Berenson borecanadianfund Change image and share on social
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 couplefavoritegive share on social