General finance topics

What could be more important than accurately predicting the future? It is naive when some people to turn their noses up at forecasters because they get things wrong now and again. After all, a life without forecasts is completely unthinkable. When we get married, we are making a... 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

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

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

Midway through the 1990s, the US scientists Thomas J. Stanley and William D. Danko surprised their fellow Americans with the book “The Millionaire Next Door,” which quickly made the best seller list. They had interviewed 1000 Americans with an average net worth of 3.7... Read More

The key hypothesis of the climatologist who wrote this book is quickly summarised as follows: The warnings of an imminent global climate collapse have not been scientifically substantiated. Nor is their any scientific evidence that the warming registered over the past 100 years... 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

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

Total Recall. My Unbelievably True Life Story, New York: Simon & Schuster, 2012, 646 pages. For 35 years now I have closely followed the life of Arnold Schwarzenegger, and I probably read every biography of his that has ever been written. There is no other living celebrity... 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