He is a former investment banker that held management and executive positions at some of Brazil’s largest banks, and managed the portfolios of many affluent clients. He retired several years ago and spends a lot of time out golfing or with his family, but he still offers his expertise in investing when called upon.
He works closely with Bainbridge Investments, a company that manages private equity investment portfolios, and he also appears in television and online news interviews once in a while to give middle class investors advice.
Igor Cornelsen wants investors to understand what investing should be about before they go all in on it. He doesn’t want investors to think about it as the golden goose that immediately lays the golden eggs, but rather as a plan for the long run and building towards a goal such as buying a home or retirement.
He also says investors need to do their homework on who manages their investments, and who they invest in. He says to avoid companies that are constantly changing management and look for ones that have had stable leadership for years. Read more: Adicione uma descrição a este tópico and Investing in the Future Success
And finally he advises to look for undervalued or damaged stock that has the chance to grow again.
In investing in Brazil, Cornelsen says it’s a good place to look at with many different companies and industries to invest in. But he says there are restrictions and regulations you have to look out for when you do so, so be aware of all the foreign exchange laws and local regulations on banks.
He also says it’s good to get to know local businessmen and Brazilian bankers because they’ll be happy to explain how good investments can be made.