Max Otte

Quick Facts

Full Name	Max Otte
Occupation	Economist
Date Of Birth	Oct 7, 1964(1964-10-07)
Age	60
Birthplace	Plettenberg
Country	Germany
Birth City	North Rhine-Westphalia
Horoscope	Libra

Max Otte Biography

Max Otte is one of the most popular and richest Economist who was born on October 7, 1964 in Plettenberg, North Rhine-Westphalia, Germany. Max Otte, born Matthias Otte, Oct. 7, 1964, Plettenberg (Germany), is a German-American economist and fund manager. He is also a conservative political activist. Otte is a member of the German Christian Democrats (CDU) and the chairperson of the advisory board of the Desiderius- Erasmus-Foundation. Princeton University was where he received his Ph.D. Max Otte was the founder sponsor of the Human Roots Award.

Max Otte, an economist who recommended nationalizing Hypo Real Estate (a German Bank) was long before politicians. He strongly advised the purchase of stocks in March 2009 and April 2009. Otte is often called “the crash prophet”, a title he doesn’t like. He was named “Money Manager Of The Year” by Borse Online readers in November 2009. This award came after he received 10,000 votes from a total 24,000. He also confirmed that European stocks are not too expensive in the same month. He was able to defend his title of “Money Manager Of The Year” 2010 and won more than half the votes 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.

Max Otte was more well-known after the publication of Der Crash kommt. The preface to the book, which was published in 2006, begins: “I cannot tell you whether or not the crash will occur in 2008.” It could happen in 2007 or 2009, or even 2010. It is impossible to predict human behavior, for that is what the onset of a major global financial crisis is all about, with mathematical precision even though some “crisis prophets”, will try. The year 2010 seems to be the most likely time, while 2007 is the last. If I understand the signals from the global economy, it will crash. It will impact the entire world. Otte considers himself a political economist, in the tradition Friedrich List, Karl Marx and Max Weber, Werner Sombart and Alexander Rustow, and is influenced by the Austrian school.

Max Otte Net Worth

Max Otte is one of the richest Economist from Germany. According to our analysis, Wikipedia, Forbes & Business Insider, Max Otte 's net worth $5 Million. (Last Update: December 11, 2023)

Max Otte obtained his Abitur (university entrance qualification) at Albert- Schweitzer-Gymnasium Plettenberg in 1983. After receiving a doctorate from Princeton University in 1997 and his thesis being published by St. Martin’s Press as “A Rising Middle Power-German Foreign Policy in Transformation”, Otte was appointed Assistant Professor at Boston University between 1998 and 2000. Otte was widely known after 2008’s financial crisis. His 2006 book Der Crash kam, which was first published in 2006, predicted a major financial crisis due to U.S.-subprime. He was subsequently known as the “guru of crisis” after the 2007 financial crisis.

His book A Rising Middle Power? Max Otte (New York 2000) examines German foreign policies in recent years. He examines whether the Federal Republic of Germany has changed its foreign policy style due to the rise in power after the unification. Alongside a political economic analysis of the power potential of the Federal Republic of Germany, the book contains three case studies: Germany and European unification/introduction of the Euro, Germany and military interventions abroad and the eastward enlargement of the EU. Ottes’ surprising conclusion is that while Germany’s power has increased, the demands on a reunited country have grown stronger. Germany diplomacy is still a typical middle power approach to reconciliation.

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.

Height, Weight & Body Measurements

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Who is Max Otte Dating?

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Facts & Trivia

Max Ranked on the list of most popular Economist. Also ranked in the elit list of famous people born in Germany. Max Otte celebrates birthday on October 7 of every year.