Buffett, Greenspan, El-Erian pick best books of 2013
What a money manager reads
12. Scott Minerd, chief investment officer of Guggenheim Partners
• “The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order” by Benn Steil: An insightful book, bringing together two of my favorite topics to read about, gold and money, in a narrative that reads like a political thriller.
• “The Alchemists: Three Central Bankers and a World on Fire” by Neil Irwin. Five years ago, few people knew the words quantitative easing, but since 2008 QE has become a catchphrase for printing trillions of dollars to save the global economy from collapse.
• “The Map and the Territory: Risk, Human Nature, and the Future of Forecasting” by Alan Greenspan. He was for many years the world’s best-known and most powerful central banker, so it was refreshing to see him revisit his record in this book, penned after the 2008 global financial crisis, which prompted him to ask why economic policies fail.