For Peter Maria Löw and his business partner, a run-down business space in provincial East Westphalia was the equivalent of the garage in Albuquerque used by Bill Gates and his friends. It was the start of a new business model: buying companies cheaply, restructuring them and then selling them off at high prices. Löw has since taken over more than almost 300 companies, more than any other entrepreneur worldwide. Fluffs: Confessions of a Corporate Raider reads like an adventure story that puts our ideas about the world of business into perspective for the long term.

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