All reviews

This anthology provides an excellent overview of – mainly American – research concerning the influence of psychological factors on entrepreneurial success. In the introduction, the editors identify a newly awakened interest in studies about the psychology of... Read More

The danger of deflation is subject to intense debate. At the same time, however, there are an increasing number of voices warning of the medium-term risk of inflation as a result of the ever-expanding money supply. A great book on the subject is the remarkable scientific stu... Read More

“You have to understand accounting and you have to understand the nuances of accounting. It’s the language of business and it’s an imperfect language, but unless you are willing to put in the effort to learn accounting—how to read and interpret financi... Read More

The book, which was edited by the former daughter-in-law of investor Warren Buffett together with a co-author, includes a total of 125 sayings by Buffet, each of which is explained and interpreted by the authors. Buffett has mastered not just the art of investing, but also the... Read More

I didn’t really know all that much about Donald Trump before he secured the Republican presidential nomination. I really enjoyed reading his books and thought he was really likable, especially as we seem to have a fair amount in common: We share the same birthday, neither... Read More

This book is about the one percent – or, to be more accurate, about the 0.1 percent or indeed the 0.01 percent – that constitute the wealthiest individuals on the planet. To get straight to the point: It is a highly recommended book definitely worth reading, containing a plethora... Read More

Steve Jobs is one of the most successful entrepreneurs of our day and age, and certainly one of its most brilliant marketing experts. So what can we learn from his achievements? What made me most curious about the book is the fact that I keep mentioning him in my own book “Dare... Read More

This is a remarkably well-written book. The author puts forward a clear and determined argument and successfully captivates and engrosses readers from the very first page. His assertions are presented in the most compelling manner. I appreciate books with a strong, one-sided... Read More

There is no lack of books about how to get rich. Whenever I pick up a new book on the subject, the first thing I want to know is whether or not the writer is living proof that his or her advice actually works. This is certainly the case with Farrah Gray. An Afro-American, he grew... Read More

This is one of the best books I have read in recent years. It is a critical account about the present state of Europe, and is meant to serve as a warning to Americans not to keep going down the road of the European welfare state. The differences between Europe and the United... Read More

Numerous books have been written about Warren Buffett over the years and he is firmly established as a renowned figure among investors all over the world. In contrast, not so many authors have focussed on Charlie Munger, who has been Warren Buffet’s partner for more than... Read More

The introduction to this book is headlined with the “Warning: This Book is Not about Sex.” And indeed it isn’t, because it is all about marketing – using the example of the Playboy brand and of its founder, Hugh Hefner. The book’s author tells the story of how the... Read More

In late July 2009, Internet trader Amazon.com announced the takeover of Zappos.com, an online shop for shoes and clothes. The volume of the deal was valued at 1.2 billion US dollars on the day of closing. Thirty-five years old at the time, the company’s CEO, Tony Hsieh... Read More

Creativity is often – erroneously – assumed to come naturally, the exclusive domain of gifted artists, musicians, graphic designers or bright minds in the advertising business. Yet creativity happens to be one of the most important prerequisites of professional... Read More

When elected as the next President of the Unites States in 2008, Barack Obama seemed to many like a political messiah – and in Germany his positive image has never been contested in earnest. Stateside, however, things have radically shifted, as not just Republicans but many of... Read More

Some years back, a well-known investment banker at Morgan Stanley gave me a copy of the book “Liar’s Poker” by the US business journalists Michael Lewis. He told me I just had to read this book if I wanted to get a true sense of how the US finance industry works. Two years... Read More

After I had reviewed Gregory Zuckerman’s book The Greatest Trade Ever and rated it as the best book on the financial crisis by far, one of my readers was kind enough to bring another book to my attention, namely The Big Short by Michael Lewis. And sure enough, this book in no way... Read More

This is the finest scientific book on goal setting that I have read to date. Its subject is the connection between setting challenging objectives and goal attainment. Of enormous significance in this context is the goal setting theory developed by the work’s editors, Edwin... Read More

The author of this so-called broadside is regular columnist for the Huffington Post, but also writes for the New York Times, the Washington Post, and the Wall Street Journal. He critically discusses a trend in the United States to undermine the “freedom of speech”... Read More

The authors’ diagnosis is perfectly plausible: We live in a world marked by scepticism. People have become more distrustful than they used to be – vis-à-vis companies, politicians, and other institutions. Many companies have the feeling “that half the people we need to convince... Read More

How does market sentiment among private and institutional real estate investors influence the performance of direct and indirect real estate investments? This is the question addressed by the doctoral thesis underlying this book, which divides into three essays. “The purpose of... Read More

In a book written more like a novel than a non-fictional account, Ben Mezrich tells the story of Facebook. Just to what extent his version of the story, especially the legal battle over the copyright to the idea, matches the facts is hard for me to say. We will probably have to... Read More

Has the situation of Afro-American improved under the Obama Administration? The author, who is black himself, and who spent more than 20 years working as journalist for the Wall Street Journal, draws a bitter conclusion: At the time Obama started his first term in office, the... Read More

This is simply a book with a plethora of quotes by Bill Gates. The arrangement of the quotes has struck me as odd, because they are alphabetically ordered by headline rather than being grouped into subject areas. But browsing through the collection will be worth your while,... Read More

A few words for readers unfamiliar with the name Jim Rogers: During the 1980s, he and George Soros managed the Quantum Fund that earned its investors 4,200% of profit over a decade during which the US stock market gained a mere 47%. Even at the time, Rogers invested worldwide,... Read More