A Quote by 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.

Alex Berenson

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Back Enough Eventually Find His Initial Investors Longer Money New Off Pay Pays People Ponzi Scheme Promoter Put Raised Scheme Up

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Alex Berenson
American - Author
Born: January 6, 1973

A typical Ponzi scheme involves taking money from investors, then paying them off with money taken from new investors, rather than paying them from actual earnings.

Amy Goodman

My favorite pre-Ponzi schemer was known as '520 Percent Miller' because he promised 10 percent returns a week, or 520 percent a year. Of course he was just using new investors' money to pay old investors, and soon he was on the lam.

Mitchell Zuckoff

Any new producer starting up is to get investors' confidence. Investors are still very very wary of anything to do with the arts world.

Ann Macbeth

Over the past several decades, a growing number of investors have been choosing to put their money in funds that screen companies for their environmental and labor records. Some socially responsible investors are starting to add free expression and privacy to their list of criteria.

Rebecca MacKinnon

When running a Ponzi scheme, how does one avoid enormous, unexpected withdrawals - runs on the bank, so to speak - that would pull back the curtain and reveal a little man blowing smoke? One way would be to attract a core of investors who could be counted on to never withdraw more than a small percentage of principal each year.

Mitchell Zuckoff

No Ponzi schemer tells anyone exactly how it works. The purpose of a Ponzi scheme is to trick people, to take the money and run.

Mitchell Zuckoff

We have a desperate need for producers in the [commercial Broadway] theatre, and it is very hard for them to get money and find investors for new plays.

Arthur Laurents

A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street (a community in which quality control is not prized) will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.

Warren Buffett

Investors who find the best businesses to put their money behind are rewarded for their research.

Kenneth C. Griffin

New products, new markets, new investors, and new ways of doing things are the lifeblood of growth. And while each innovation carries potential risk, businesses that don't innovate will eventually diminish.

Adena Friedman

Investors should start with a view of skepticism. They should become intellectual investors rather than emotional investors. They should be careful, and they should be skeptical.

Arthur Levitt

We can't have investors buying four apartments while young couples struggle to raise another 5,000 shekels for a home. I appeal to investors: Think about these young couples, and invest your money elsewhere.

Moshe Kahlon

Where you want to be is always in control, never wishing, always trading, and always first and foremost protecting your ass. That's why most people lose money as individual investors or traders because they're not focusing on losing money. They need to focus on the money that they have at risk and how much capital is at risk in any single investment they have. If everyone spent 90 percent of their time on that, not 90 percent of the time on pie-in-the-sky ideas on how much money they're going to make, then they will be incredibly successful investors.

Paul Tudor Jones

The government has brought on the housing problem, partly by these very low interest rates, which encouraged many people to go way out on a limb. They've brought it on by highly restrictive building policies, which have caused housing prices to skyrocket artificially. And they've brought it on by the Community Reinvestment Act, which presumes that politicians are better able to tell investors where to put their money than the investors themselves are. When you put all that together, you get something like what you have.

Thomas Sowell

Too often, investors are the target of fraudulent schemes disguised as investment opportunities. As you know, if the balance is tipped to the point where investors are not confident that there are appropriate protections, investors will lose confidence in our markets, and capital formation will ultimately be made more difficult and expensive.

Mary Schapiro

I want to open up investment even further so over the summer we'll launch a consultation on indirect investments in social enterprises - including exploring the possibility of a new scheme based on the success of venture capital trusts which will enable investors to pool their funds to support a variety of social enterprises.

David Gauke

A Quote by Alex Berenson

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