Must-read books by Victor Camacho

Check out the reading recommendations from Victor Camacho, economist at Itaú Private Bank

By Itaú Private Bank

3 minutes of reading
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Reading is an important habit and often features in many people's New Year's resolutions. If you are looking for new titles to put this into practice, check out the recommendations from our economist Victor Camacho:

"Why Nations Fail: The Origins of Power, Prosperity, and Poverty" by Daron Acemoglu and James A. Robinson

Winners of the 2024 Nobel Prize in Economics, the authors investigate the history of civilizations to answer a question that has intrigued scholars for centuries: what explains the difference in the prosperity of nations?

"The Ascent of Money: A Financial History of the World" by Niall Ferguson

As suggested by the subtitle, the author addresses the evolution of the global financial system, from its beginnings to the 2008 crisis. On its tenth anniversary, the book received an update to the present day, covering the trade war and the spread of cryptocurrencies.

"7 Powers: The Foundations of Business Strategy" by Hamilton Helmer

Drawing on decades of experience as a consultant, investor, and professor, the author proposes a framework to explain business success. Using well-established companies as examples, Hamilton identifies strategies that allow a company to differentiate itself from its competitors in a sustainable way.