Igor Cornelsen is a highly experienced financial advisor who owns Bainbridge Investment Corp. His company, located in Sao Paulo, Brazil, helps people grow their assets through investing. He entered the financial services industry in 1970 after graduating from college with a degree in economics. He spent 25 years as an executive at major investment banks before striking out on his own.
He has unique approaches to investing that have paid off very well for his clients. Igor Cornelsen says to never follow the crowd when it comes to investing is one of his rules. Most people want to invest in well-performing stocks which he says is completely wrong because the big money has already been made. He says to instead invest in damaged stocks, not damaged companies. This means the stock of companies who are currently undervalued by investors and will no doubt rise over time.
He says that any investor needs to conduct in-depth research into the companies they are thinking of investing in, their industries, and the overall economy of the country it is based in. One an investor has gained enough knowledge about the situation they can confidently invest their money accordingly. Igor Cornelsen says to keep emotions out of your decisions and just look at the facts. Emotional investing typically leads to disaster.
He says you also need to be very careful to follow the rules, especially if you’re investing internationally. When investing in your own country you know what the cultural norms are and the laws surrounding investing are pretty clear. You can easily mess up when investing internationally, though, as these aren’t familiar to you. He says to make sure you do your due diligence and find out the rules of the country where you are thinking of investing some of your money in a company.