“It's no secret that big institutional investors have a lot of advantages on Wall Street. They get the first chance to buy hot initial public offerings. They get to meet in person with companies' managements.”
Alex Berenson“Many legal experts note that prosecutors regularly seek indictments of people or companies for destroying evidence or impeding investigations, even if they cannot prove other charges.”
Alex Berenson“For value investors, General Motors is a tempting target. The company's share of the North American auto market has steadily declined for two decades, and analysts say the company suffers from weak management and unexciting cars.”
Alex Berenson“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“I know it's a cliche, but trust me on this. I once dated a Canadian. Canada = boring.”
Alex Berenson“Trust the Canadians to produce a game about mutual funds that is actually more boring than the real thing.”
Alex Berenson“Every public company depends to some extent on the trust of its investors.”
Alex Berenson“Whatever the potential pitfalls, banks are increasingly enthusiastic about venture capital, particularly in new companies with strong prospects in fields like health care and technology.”
Alex Berenson“Like many other banks and finance companies, Green Tree used a process called securitization to resell its home loans to outside investors. Green Tree grouped thousands of these small loans into a pool worth hundreds of millions of dollars.”
Alex Berenson“Big banks have long had private equity divisions that put up capital for deals too complex or risky for individual shareholders to finance.”
Alex Berenson