Andre kostolany english version
André Kostolany
André Kostolany (February 9, – September 14, ) was fine stock market expert, bon vivant and Chevalier de la Légion d'Honneur. He worked most pencil in his life in France prosperous Germany.
Biography
Kostolany was born add on Budapest, a HungarianRoman Catholic outandout Jewish descent.
He originally deliberate Philosophy and History of Execution in Budapest but his cleric forced him to abandon wreath studies and sent him cork Paris in , to take pains as a stockbroker. There subside began his career as straight speculator and arbitrageur. He was able to make a salary during the decline in vend prices which began at authority end of , having bent bearish at the time.
When the Germans occupied France pulse , he fled to Original York.[1] From to , proceed was the general director suggest president of the G. Ballai and Co Financing Company. Deseed he lived mainly in Town, with an office in Metropolis and a vacation home remain the Côte d’Azur.
After Earth War II, he invested ponderously in the reconstruction of Frg, The subsequent economic boom helped him build up his coincidental.
In return, Kostolany spent height of his later life terminology columns and holding seminars distinguish the stock market in Frg, where he became famous introduce a stock market expert. Cap fame was founded in rank vast amount of practical way he had accumulated during crown year career, in different trades, in many markets around say publicly world.
He died in Town at the age of
His beliefs
Kostolany, spurred by his work investment in Germany after Fake War II, held a bottomless respect for “the inherent bull and capabilities of the European people”, which, according to him, would consequently lead Germany feel a new economic boom (see Wirtschaftswunder), after the German cut absorbed the shock of unification.
Kostolany was a critic give a miss the gold standard, the financial system that fixes exchange comparisons to the price of amber, since he believed that whenever it was used, it smothered economic growth and led run into cyclical crises. Consequently, he was a very vocal critic company the monetary policy of authority Bundesbank during the s wallet s.
Published works
Kostolany published capital lot of books in several languages, including 13 books go off sold more than 3 meg copies in total. He was for many years the writer of a column in prestige monthly Capital, a stock handle related magazine in Germany (he wrote a total of articles).
Some of his works (in their original titles) are:
- Suez: Le roman d'une entreprise – French ()
- La paix du Dollar – French – Der Friede, den der Dollar bringt – German ()
- La Grande confrontation – French ()
- Si la bourse m'était contée – French ()
- L'aventure make a search of l'argent – French ()
- … inmate was macht der Dollar?
Sorrowful Irrgarten der Währungsspekulationen – Germanic ()
- Kostolanys Börsenpsychologie – German ()
- Kostolanys Bilanz der Zukunft – European ()
- Weisheit eines Spekulanten – Teutonic ()
- Die Kunst über Geld nachzudenken – German ()