Alex Berenson Great Quotations

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.

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.

The world is filled with great sporting events.

Business cycles lengthened greatly during the 20th century, as central banks learned to manage national economies by raising and lowering interest rates.