Financial Times: Business Book of the Year 2008

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Business Book of the Year 2008 Winner

Mohamed El-Erian today won the Financial Times and Goldman Sachs Business Book of the Year Award 2008 for When Markets Collide: Investment Strategies for the Age of Global Economic Change, a timely alert to the fundamental changes taking place in today’s global economic and financial systems – and a call to action for investors who may fall victim to misinterpreting important signals, published by McGraw-Hill.

1. When Markets Collide: Investment Strategies For The Age Of Global Economic Changeby Mohamed El-erian by Mohamed El-Erian
   
   
   (business books)
   
   "A “lucid and prescient” explanation of the credit crisis, and how to survive it, has won the 2008 Financial Times and Goldman Sachs Business Book of the Year Award.
   
   When Markets Collide by Mohamed El-Erian was described by Lloyd Blankfein, Goldman’s chairman and chief executive and one of the judges, as “extremely accessible and compelling”.
   
   Mr El-Erian is a co-chief executive of PIMCO, the world’s biggest bond fund manager.
   
   While most pundits dismiss conflicting messages about the economy and the markets as ‘noise’, Mr El-Erian argues that they signal deep, structural changes and realignments that are radically redefining the investment game.
   
   “When Markets Collide” brings readers up to speed on the new economic and investing landscape – its challenges and risks."
   
   


Source:
http://www.ft.com

Business Book of the Year 2008 Finnalist

1. A Splendid Exchange: How Trade Has Shaped The World From Prehistory To The Present By William Bernstein
   
   
   (economics, business books, nonfiction)
   
   "A Splendid Exchange sets out to establish just what drove early man to trade and to examine its profound influence on the world we know today. Mr Bernstein, an expert on Modern Portfolio Theory and author of several self-help finance books, suggests that an analysis of the history of trade might teach us about how to avoid seemingly new anxieties about globalisation and the flattening of the world."
   
   


2. Cold Steel: The Multi-billion-dollar Battle For A Global Industryby Tim Bouquet And Byron Ousey by Byron Ousey
   
   
   (business books, children books, IT books, food and cooking, health, history, literature and fiction, mystery and thrillers, nonfiction, parenting, religion and spirituality, romance, science, teens)
   
   "Cold Steel presents the story of the 2006 takeover of Arcelor, a venerated European steel company, by Lakshmi Mittal, a Calcutta-born industrialist who rose from humble beginnings to become the world’s fourth-richest man.
   
   Mr Bouquet, a journalist and contributor to the Telegraph magazine, and Mr Ousey, a managing director at Gavin Anderson, an international financial public relations consultancy, take readers inside the battle that sent shockwaves through the political corridors of Europe and transformed the global steel industry."
   
   


3. Mcmafia: Crime Without Frontiersby Misha Glenny by Misha Glenny
   
   
   (business books, children books, IT books, food and cooking, health, history, literature and fiction, mystery and thrillers, nonfiction, parenting, religion and spirituality, romance, science, teens)
   
   "For three years, Mr Glenny, a distinguished journalist who has worked for The Guardian and the BBC, recorded the stories of gun runners in Ukraine, money launderers in Dubai, drug syndicates in Canada and other criminal enterprises. Together those experiences build a breathtaking picture of the shadow economy that may now account for up to 20 per cent of the world’s GDP."
   
   


4. Remix: Making Art And Commerce Thrive In The Hybrid Economyby Lawrence Lessig by Lawrence Lessig
   
   
   (business books)
   
   "America’s copyright laws were designed to protect artists’ creations while allowing them to build on previous creative works.
   
   But now, new technologies have made it easy to flout these laws and ensured that some of today’s most talented artists are felons. They burn copyrighted CDs, ‘bite’ riffs from films and videos and make new art from them.
   
   Mr Lessig, a Professor of Law at Stanford Law School and founder of the school’s Center for Internet and Society, shows how we can and must embrace a ‘read-write culture,’ which allows its users to create art as readily as they consume it."
   
   


5. The Snowball: Warren Buffett And The Business Of Lifeby Alice Schroeder by Alice Schroeder
   
   
   
   
   "‘The Snowball’ recounts the life and times of one of the most respected men in the world - Warren Buffett. The legendary Omaha investor has never written a memoir, but he allowed Ms Schroeder to explore directly with him - and with those closest to him - his work opinions, struggles, triumphs, follies and wisdom.
   
   Ms Schroeder, an insurance industry analyst and one time managing director at Morgan Stanley, gives new insights into Buffett’s character and life, distilling the principles and philosophies that have guided him on a path to extraordinary success and esteem. "
   
   


Source:
http://www.ft.com

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