|
Max Otte (full name Matthias Otte born 7 October 1964 in Plettenberg, North Rhine-Westphalia) is professor for general and international business administration at the University of Applied Sciences Worms and head of the Cologne-based IFVE Institut für Vermögensentwicklung GmbH (IFVE: a privately owned institute for asset development), which he founded in 2003, and independent investment fund manager. == Career == Max Otte obtained his Abitur (university entrance qualification) at Albert-Schweitzer-Gymnasium Plettenberg in 1983.〔Horst Hassel: ''(Plettenberg-Lexikon – O )'' und ''(Plettenberg-Lexikon – Max (Matthias) Otte )''〕 After having received a doctorate degree from Princeton University in 1997, thesis later published as "A Rising Middle Power - German Foreign Policy in Transformation" by St. Martin´s Press and having worked as M&A consultant, Otte was Assistant Professor at Boston University from 1998 to 2000. Otte became widely known in 2008 after the financial crisis, because his book ''Der Crash kommt'', first published in 2006, had predicted a large-scale financial crisis caused by U.S.-subprime. As a result, he has been known as the ‘guru’ of the crisis after the outbreack of the financial crisis in 2007. Max Otte was one of the first economists to recommend nationalizing Hypo Real Estate (a German bank), long before politicians. In March and April 2009 he strongly recommended the purchase of stocks. Otte is sometimes called the ‘crash prophet’ – a title he dislikes. In November 2009, he was voted ‘Money Manager of the Year’ by the readers of the stock market journal Börse Online, winning 10,000 votes from a total of 24,000. In the same month, he confirmed that the value of (European) stocks were not yet too expensive. He defended his title as ‘Money Manager of the Year’ in 2010 and obtained more than half of the votes, competing against 10 other money managers. The PI Global Value Fund (WKN: A0NE9G), founded mid-March 2008 and managed to date by Otte, achieved a 38% performance by 28 April 2010, outperforming the DAX by 38 percent, the MSCI World by 33 percent and the Euro Stoxx 50 by more than 60%. Otte invests according to the ‘Reinheitsgebot‘ (German purity requirements) in quality stocks, bonds and physical gold. In April 2010 Otte called for the Southern European countries to leave the eurozone. Otte, despite being an independent fund manager, is in favor of strong regulation of financial markets. In his opinion sufficient equity capital should strengthen liability and constitute the basis for a return to sensible behaviour of banks in a market economy. He supported the German government's decision in 2010 to prohibit naked short selling. Otte has published articles in newspapers such as ''Frankfurter Allgemeinen Zeitung'', ''Die Welt'', ''Der Spiegel'', ''Financial Times Deutschland'', ''The Times'', ''Harvard Business Review'' and ''Wirtschaftsdienst''〔"Possibilities to handle the debt crisis of Greece and other European countries" in ''Wirtschaftsdienst.'' 2010/3〕 and has appeared on television, with broadcasters such as ARD, ZDF, SWR, n-TV, Bloomberg and N24. Max Otte has dual German and American citizenship and lives in Cologne. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Max Otte」の詳細全文を読む スポンサード リンク
|