Harris.Topic by Austin Harris

Greenland

littlemegaharris — 2025-09-25 12:42:40 UTC

“Michael Milken, through his exploitation of the junk bond market, became one of the dominant symbols of 1980s-style capitalism. Although Marks garnered less attention than Milken, he was involved in the earliest days of the junk bond market, registering considerable success alongside his Wharton alum, Milken” (Greenland 215)

Greenland

littlemegaharris — 2025-09-25 12:42:59 UTC

“Oaktree Capital set out with a considerable jump-start over other start-up investment companies. With the talent and assets drawn from TCW, Marks's company became a discernible force in the national investment community shortly after its formation. Within five years, Oaktree Capital came to dominate its market niche, excelling in executing the strategy formulated by Marks and his six other cofounders.” (Greenland 215)

Hillstrom

littlemegaharris — 2025-09-25 12:43:39 UTC

“In some ways, managing cash flow is the most important job of business managers. If at any time a company fails to pay an obligation when it is due because of the lack of cash, the company is insolvent. Insolvency is the primary reason firms go bankrupt.” (A. Hillstrom and K. Hillstrom 180)

Ferrera

littlemegaharris — 2025-09-25 12:44:03 UTC

“Finance companies differ from commercial banks in their processes of borrowing and lending. While commercial banks typically take in small deposits from their customers and issue comparatively large loans, finance companies have a reverse process. They borrow large amounts of money and dole out smaller loans.” (Ferrera 147)

Ferrera

littlemegaharris — 2025-09-25 12:44:33 UTC

“Because finance companies are known for taking on high‐risk customers, they usually offer loans at interest rates higher than the national average. This is another disadvantage to working with a finance company. It is also common for a finance company to seize the debtor’s property as collateral in the event that a loan is not paid back. Debtors who find themselves unable to pay their loan could end up losing their assets, such as their house or car.” (Ferrera 149)

Lynch

littlemegaharris — 2025-09-25 12:44:48 UTC

“At a time when most people thought the stock market dealt in livestock rather than paper, wrote Vickers, Merrill Lynch’s corporate motto was “investigate, then invest.” (Lynch 215)

Connection

littlemegaharris — 2025-09-25 12:53:07 UTC

Companies need proper management to continue to prosper, with bad management they will fail.

Connection

littlemegaharris — 2025-09-25 12:58:09 UTC

Using the market to your advantage is the best way to stay afloat.

Connection

littlemegaharris — 2025-09-25 12:59:22 UTC

Learning about the stock market and how it can help you is beneficial for small businesses and entrepreneurs