Dr. Rainer Zitelmann

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

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

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

Time permitting, I read just about every book on the financial crisis I could lay my hands on in recent years. This one is by far the best of them. It tells the story of John Paulson and other anti-cyclically oriented investors who became aware of the bubble on the American... 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

Most readers will know George Soros as the man who brought the Bank of England to its knees through a huge currency speculation against the Pound, and who made a billion dollars in the process. While Soros is a multiple billionaire and counts among the wealthiest people in the... 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

This is certainly not the first Warren Buffett biography I have read – yet without doubt it is both the most voluminous and best one. It contains more information on the life of the most successful investor of all times because Buffett himself provided the author – unlike other... Read More