Alex Berenson Quotes

Author Image

Alex Berenson

Profession : Author

Birth : January 6, 1973

Economics pretends to be a science. Its practitioners fill blackboards with equations and clog computers with data. But it is really a faith, or more accurately a set of overlapping and squabbling faiths, each with its own doctrines.

Alex Berenson

Accounting rules give financial institutions flexibility about when they choose to recognize venture capital profits.

Alex Berenson

Microeconomics is the study of how specific choices made by businesses, consumers and governments affect the markets for different goods and services. For example, a microeconomist might examine how price changes affect sales of apples relative to oranges.

Alex Berenson

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.

Alex Berenson

Over the years, I've spent time in Saudi Arabia, the Bekaa Valley, Afghanistan, Jordan, and Kenya, among other vacation hotspots.

Alex Berenson

The details of the personal expenses that executives put on the company tab often are not known because loopholes in federal disclosure rules let publicly traded companies generally avoid disclosing the perks they give executives along with pay and stock options.

Alex Berenson

The biggest profit center for investment banks is the hefty fees they charge for underwriting stock offerings and giving financial advice, and analysts put those profits at risk if they publish negative conclusions about the companies that pay the fees.

Alex Berenson

Determining how many asbestos suits have been filed or how much companies have spent to resolve them is difficult. Cases are filed in state and federal courts, and many companies do not disclose their spending on settlements.

Alex Berenson

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

Climate change might be disastrous, but does that mean we want carbon taxes that raise the price of a gallon of heating oil to $10? And how exactly will those taxes affect economic growth?

Alex Berenson

Never underestimate the power of Abby Joseph Cohen.

Alex Berenson

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

Alex Berenson

Financial news services and other media organizations get press releases 15 minutes before they are distributed to the general public, fueling a furious competition among the news services to rewrite them for their subscribers during their window of exclusivity.

Alex Berenson

Even a war zone looks peaceful in most places, most of the time.

Alex Berenson

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.

Alex Berenson

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.

Alex Berenson

For more than two decades, Barry Diller has been among the most respected - and feared - figures in the entertainment industry.

Alex Berenson

It is a truth universally acknowledged on Wall Street that original research is on life support. Serious research can be bad for business, as well as expensive.

Alex Berenson

The most distinguishing element of my novels is that I try as hard as I can - within the context of a popular commercial thriller - to make them feel authentic. Drawing on real locations and real events is part of that authenticity.

Alex Berenson

Corporate executives often buy or sell shares in their companies, and stocks rarely rise or fall significantly when those transactions are reported.

Alex Berenson