{"id":4558,"date":"2025-05-27T15:00:45","date_gmt":"2025-05-27T13:00:45","guid":{"rendered":"https:\/\/hoechsmann.de\/news\/interview-mit-thorsten-amend-schnaar-bei-boerse-online-money-talk\/"},"modified":"2025-08-06T16:42:22","modified_gmt":"2025-08-06T14:42:22","slug":"interview-mit-thorsten-amend-schnaar-bei-boerse-online-money-talk","status":"publish","type":"news","link":"https:\/\/hoechsmann.de\/en\/news\/interview-mit-thorsten-amend-schnaar-bei-boerse-online-money-talk\/","title":{"rendered":"MONEY-TALK: Interview with Thorsten Amend-Schnaar at B\u00f6rse Online"},"content":{"rendered":"
\"\"<\/div><\/div>
<\/div><\/div>[vc_custom_heading text=”Let’s talk about money\u2019” font_container=”tag:h1|text_align:center” use_theme_fonts=”yes” css=”%7B%22default%22%3A%7B%22margin-top%22%3A%220%22%2C%22padding-top%22%3A%220%22%7D%7D”][vc_custom_heading text=”Thorsten Amend-Schnaar, Managing Director at H\u00f6chsmann & Company
\nabout happiness, classic cars, envy and property” font_container=”tag:h2|text_align:center” use_theme_fonts=”yes” css=”%7B%22default%22%3A%7B%22margin-top%22%3A%220%22%2C%22padding-top%22%3A%220%22%7D%7D”]<\/div><\/div><\/div><\/div><\/div><\/section>

from B\u00f6rse Online issue 20\/2025<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>

\"\"<\/div><\/div>

1 Shares, funds, bonds, property – what asset allocation do you think is advisable?<\/strong><\/p>\n<\/div><\/div>

I would advise investing in a combination of shares and funds as well as private property.<\/p>\n<\/div><\/div>

2 Does your happiness correlate with the DAX?<\/strong><\/p>\n<\/div><\/div>

My overall happiness does not correlate with the DAX. I am happiest when I am with my family; a glass of wine and a nice meal at the beach can also lead to happy moments.<\/p>\n<\/div><\/div>

3 Who do you take advice from when it comes to money?<\/strong><\/p>\n<\/div><\/div>

My children have good ideas on how to spend my money. However, the house bank and my father-in-law are the more sustainable advisors.<\/p>\n<\/div><\/div>

4 Are you attracted to alternative investments, such as cars, watches or art?<\/strong><\/p>\n<\/div><\/div>

No, I’m not familiar with that. My classic car is more for enjoyment and fun, and with good care it at least retains its value.<\/p>\n<\/div><\/div>

5 What is wealth?<\/strong><\/p>\n<\/div><\/div>

My family, but this kind of wealth cannot be valued in monetary terms. Not having to accept every job requires at least a certain degree of financial independence.<\/p>\n<\/div><\/div><\/div><\/div><\/div>

6 Do you still have cash with you? If so, how much on average?<\/strong><\/p>\n<\/div><\/div>

I am increasingly paying by card; I usually have 50 to 200 euros in cash with me.<\/p>\n<\/div><\/div>

7 What have you donated to recently?<\/strong><\/p>\n<\/div><\/div>

I donate regularly to the German Red Cross, and occasionally to disaster relief organisations and my children’s sports clubs.<\/p>\n<\/div><\/div>

8 Who would you lend money to? And under what circumstances?<\/strong><\/p>\n<\/div><\/div>

Family members and close friends, of course, but I would take total loss into account. There would have to be collateral in the wider environment.<\/p>\n<\/div><\/div>

9 Your most senseless expense?<\/strong><\/p>\n<\/div><\/div>

The purchase of my Triumph TR6, but I have great fun on every ride.<\/p>\n<\/div><\/div>

10 Have you ever gambled with money?<\/strong><\/p>\n<\/div><\/div>

I played the lottery and won five euros.<\/p>\n<\/div><\/div>

11 When was the last time you envied someone?<\/strong><\/p>\n<\/div><\/div>

Last night, when my son did 100 push-ups.<\/p>\n<\/div><\/div>

12 How much should a good dinner cost?<\/strong><\/p>\n<\/div><\/div>

That depends on the restaurant and the number of diners. I don’t want to pay for pure \u2018fancy food\u2019, steak with gold powder is not a must, a good wine would be a must.<\/p>\n<\/div><\/div>

13 Taxi or Uber?<\/strong><\/p>\n<\/div><\/div>

Depends on availability, preferably an Uber.<\/p>\n<\/div><\/div>

14 A dream that only money made possible?<\/strong><\/p>\n<\/div><\/div>

My own property for the family.<\/p>\n<\/div><\/div><\/div><\/div><\/div>

15 Your most valuable (material) possession?<\/strong><\/p>\n<\/div><\/div>

My own property.<\/p>\n<\/div><\/div>

16 Should your descendants inherit your wealth or work for their own prosperity?<\/strong><\/p>\n<\/div><\/div>

Both – the wealth enables a very good international education and provides a certain amount of security so that my children can find the career they are passionate about – they will have to do it themselves.<\/p>\n<\/div><\/div>

17 What management achievements do you admire?<\/strong><\/p>\n<\/div><\/div>

I work for numerous family businesses that have successfully developed their company over generations, and I have great respect for this management performance.<\/p>\n<\/div><\/div>

18 How do you reward yourself for good performance?<\/strong><\/p>\n<\/div><\/div>

Every now and then a new model for my car collection (1:18 scale).<\/p>\n<\/div><\/div>

19 What did you buy with the first money you earned yourself?<\/strong><\/p>\n<\/div><\/div>

A red ski jacket from Killy.<\/p>\n<\/div><\/div>

20 What is waste?<\/strong><\/p>\n<\/div><\/div>

Unutilised potential.<\/p>\n<\/div><\/div>

Thorsten Amend-Schnaar<\/strong> is Executive Partner of the consultancy H\u00f6chsmann & Company. The company supports medium-sized and family businesses as well as international companies in the areas of executive search, board search, succession planning and management diagnostics.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>

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