Dennis K. Berman

[Dennis K. Berman @dkberman]

Interested in how "money" is created? The new book "Money and Promises" is a delightful romp through economic history. It's beach reading for people too serious to do beach reading. Here is my full review in The Wall Street Journal:
https://t.co/jkGAgVdyLa

[Dennis K. Berman @dkberman]

This GIF shows it all. Valuations for subscription-based companies have collapsed. So what comes next for them? We assembled reams of data to create the 2022 Lazard Subscription Economics Report. Email [email protected] to get the full, 32-page version.

[Dennis K. Berman @dkberman]

First on CNBC! The future of the media - and much else in our world - is all about the subscription. We dug deep into the traits and virtues of these businesses to produce the 2022 Lazard Subscription Economics Report. Email [email protected] to get the full, 32-page version. @CNBC

[TechCheck @CNBCTechCheck]

Talk about changing the channel 📺 @Lazard Managing Director @dkberman says streamers will have to figure out new ways to do business after compiling new data showing consumers are spending less on subscriptions.

[Dennis K. Berman @dkberman]

The future of the media - and much else in our world - is all about the subscription. We dug deep into the traits and virtues of these businesses to produce the first-ever Lazard Subscription Economics Report. Email [email protected] to get the full, 32-page version.

[Dennis K. Berman @dkberman]

The coronavirus seems to be grinding the world to a fearful, lonely halt. It's at times like these when it helps to read the great C.S. Lewis speech titled "Learning In War-Time." Delivered weeks after the start of WWII, it inspires us to keep going.

[Dennis K. Berman @dkberman]

Meet the "shareholder vocalists" -- the cranky backup singers to the showy shareholder activists -- who are changing how companies are run forever. My column in today's Financial Times: https://t.co/DKpIO0dc5e

[Dennis K. Berman @dkberman]

Still the single most important - and least discussed - chart in economics and politics today.

Via @SoberLook.

[Dennis K. Berman @dkberman]

These numbers are stunning.

Just 10 shareholders now control a full 31% of the S&P 500’s $24 trillion in total market cap.

https://t.co/63UySO6ee3

[Dennis K. Berman @dkberman]

The most important chart in America today.

Health-care and pension costs are eating state budgets alive.

In other words, there is a war for resources between The Old and The Young.

Guess who is winning.

https://t.co/iwhqA2Bpkv

[Dennis K. Berman @dkberman]

The Wall Street Journal (@WSJ) is and will remain the world's best news organization.

Dogged but not doctrinaire. Fair but not retiring. Self deprecating and not self-obsessed.

Thanks to all those who came before. And to those who will carry it on anew.

[Dennis K. Berman @dkberman]

I've got an incredible new job at @lazard. The best part so far? My unopened emails have gone from 146,579 to........0.

https://t.co/eBYMehppPZ

[Dennis K. Berman @dkberman]

Terrible, terrible day in the markets. And yet there have been more than 100 days worse. Do you remember the wreckage of August 10, 2011? Probably not.

[Dennis K. Berman @dkberman]

Today’s Dow -4.6% plunge is large and concerning. But it is percentage - not points - that matters. And on that basis, today does not make the Top 25 of worst Dow days.

[Dennis K. Berman @dkberman]

Before you lose your mind about the stock market, take in the bigger picture: The 1-year chart of the Dow.

[Dennis K. Berman @dkberman]

The World Fracking Created...

1991: United States goes to war to protect Saudi Arabia's oil fields.

2017: Saudi Arabia comes to Texas to buy United States oil fields.

https://t.co/MBBdHBfqff

[Dennis K. Berman @dkberman]

Why is the U.S. coal industry never coming back?

Because fracking killed it first.

https://t.co/Ss90CF7IIV

[Dennis K. Berman @dkberman]

Money mania, 2017. The moment when Grandma interrupts games of poker to check on the price of Bitcoin.

https://t.co/jDlLXLUS5w

[Dennis K. Berman @dkberman]

What are the investment returns on Da Vinci’s “Salvator Mundi”?

Original 1519 price: About $454,600
Duration: 498 years
Annual return: 1.9%
2017 sale price: $450,312,500

https://t.co/NVVROdmKoP

[Dennis K. Berman @dkberman]

Want to make great art about finance? Write an opera about quantitative easing - not a drama about Michael Milken.

https://t.co/40EGAcB8Nw

[Dennis K. Berman @dkberman]

The most incredible statistic I've read this year:

Amazon will control 43.5% of all e-commerce sales in 2017.

https://t.co/yuKjisVcx6