Alex Berenson

In a Ponzi scheme, a promoter pays back his initial investors with money he has raised from new investors. Eventually, the promoter can no longer find enough new investors to pay off the people who have already put up money, and the scheme collapses. ”

If only the human body could handle trauma as well as biotechnology stocks do. ”

For a developing country, average long-run growth of 5 percent a year per capita is excellent, and 7 percent is stellar. ”

Many newly public companies are able to post a year or two of strong sales growth off a small base, but their growth almost always slows over time, thanks to what investment professionals call 'the law of large numbers.' ”

Short sellers sell stock they have borrowed, hoping to buy it back later when its price has fallen. ”

Benefits are rarely made public in filings with the Securities and Exchange Commission, where companies must report the pay and options that their five highest-paid executives receive. ”

As a public servant, William H. Webster has an impeccable resume. ”

For decades, Wall Street has charged companies a standard fee of 7 percent to sell their shares to the public. ”

To finance deficits, the government must sell bonds to investors, competing for capital that could otherwise be used to invest in stocks or corporate bonds. Government borrowings raise long-term interest rates, stifling economic growth. ”

It's one of the fundamental principles of the stock market: When interest rates go up, stocks go down. And along with financial companies and cyclicals, technology companies - with their sky-high price-to-earnings multiples - should be among the biggest losers in an environment of rising rates. ”