Alex Berenson Quotes
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The lower spreads mean lower costs for investors, because Nasdaq investors generally do not trade directly with one another. Instead, they usually buy and sell from market-makers, brokerage firms that flip shares between buyers and sellers and keep the spread for themselves.
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Every public company depends to some extent on the trust of its investors.
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Bigger spreads mean bigger gaps between what buyers pay and sellers receive. For example, a spread of 10 cents a share means that the buyer pays $100 more for 1,000 shares than the seller receives.
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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.
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For as long as anyone can remember, reliable, cheap electricity has been taken for granted in the United States.
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Even so, sometimes I wish I did have a little bit more flair in my language.
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Most of America never noticed, but the 1990s were good times for trailer homes, a.k.a. manufactured housing. From 1991 to 1998, annual sales of manufactured homes more than doubled, to 374,000 from 174,000.
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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.
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If only the human body could handle trauma as well as biotechnology stocks do.
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At the end of 2000, most investors were optimistic that a return to quick gains could not be far off.
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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.
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To economists, prices serve as crucial signals to producers and consumers. In a regulated market, the state sets prices high enough for private companies to cover their costs and earn a guaranteed profit for their investors. But in a deregulated market, prices should vary with demand and supply.
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The credit quality of junk bonds varies widely.
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Trust-me companies are companies whose financial results gallop ahead of their businesses, companies with seemingly perfect control over their quarterly sales and profits. Companies whose financial statements are loaded with footnotes: companies that short-sellers often attack but rarely dent.
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While Wall Street firms typically underwrite offerings in teams, the lead underwriter, or manager, of the offering has primary responsibility for selling the offering and reaps much of the fees and profit.
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Even technology companies get good news sometimes.
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Electronic communications networks match trades between investors directly, without using a market maker or specialist as an intermediary.
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In Ghazalia, Mr. Hussein showed his contempt for the majority Shiites in ways large and small. He refused to allow them even one mosque, while the Sunnis had nearly a dozen. To worship, the Shiites had to cross an inconveniently located bridge over the sewage canal to Shula.
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Also, most people read fiction as an escape - and I wonder whether my books aren't a bit too grounded in reality to reach the widest possible audience.
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Volatility may be rising simply because investors must digest more information every day.
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Generally, a rally will have staying power, technicians say, if, in addition to price movements, it has heavy trading volume and breadth, meaning that several stocks rise for each stock that falls.
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I think in some ways what Snowden is, is he's a mix of a cold war spy novel and post-9/11 spy novel.
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Fannie Mae is owned by shareholders but operates under a federal charter that exempts it from paying state or local taxes. As a result, many professional investors think the government would repay the debt that Fannie Mae had issued if the company could not, although Fannie Mae explicitly says that its bonds do not carry a federal guarantee.
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Hedge funds try to produce above-average investment returns using tactics ranging from traditional stock-picking to complex derivative and arbitrage plays. High minimum investments, redemption restrictions and aggressive strategies make them suitable mainly for more sophisticated and well-heeled investors.