Armed with close to four decades of experience in finance and investment world, Igor Cornelsen has now turned this profession into a hobby. The retired banker focuses his attention and professionalism towards helping both young and experienced investors make wise and profitable investment decisions through mentorship. Having spent his career evaluating varied investment options for the different banks he worked for, Igor name often comes up as one of the most qualified professionals to offer advice regarding investing in virtually every industry.
Investment mindset to live with
When it comes to investment, Igor argues that everyone needs a mentor, particularly if they are just getting into the game. He mentions that hiring experienced investment mentors goes a long way in helping them learn how to sift through promising and dead investment options. The Brazilian investor has even devised special investment rules that he uses to teach and challenge his investment students. To a large extent, Igor relies on these investment principles in making personal investment decisions and they include:
Investing damaged stocks
Igor Cornelsen maintains that there is a huge difference between damaged companies and damaged stocks. He mentions that while healthy companies with damaged stocks have a chance of recovering, damaged companies don’t often have hope for recovery even when their shares perform optimally. The investment guru further stresses that making money in investment starts when one learns to differentiate between the two.
Cutting emotion and ideology off investing
The long-term investment banker is also quick to address the topic of emotional investment. These refer to investment decisions informed by emotional attachment to a given stock or a state of public euphoria such as the one being experienced with the crypto currency trade. He continually informs investors of the need to keep off such investment options as their volatility is often unprecedented.
More about Cornelsen
After leaving the Brazilian banking industry and wary of the economic models adopted by the state in 2010, Igor Cornelsen liquidated his Brazilian assets and moved to South Florida in the United States. While here, Igor founded Bainbridge Investments Inc. that he uses to guide both upcoming and experienced traders through the ropes of investment.