CEO, Expert

Igor Cornelsen’s Investment Strategy, Trust Non-Biased Facts, Not Opinions

Successful entrepreneur and investment analyst, Igor Cornelsen, graduated from Federal University of Parana with a degree in engineering in 1965. Due to the competitive engineering job market, Cornelsen decided to continue his education and began studying economics. In 1970 he graduated and began his career in investment banking.

His investment career took him to Rio, then joined the board of directors of Multibanco and eventually was named as CEO in 1976. In 1978 the bank was acquired by Bank of America. Cornelsen moved on to Unibanco, one of the top investment firms in Brazil at that time. In 1985 he began working for Libra Bank, a division of London Merchant Bank.

Cornelsen continued to hone his knowledge and skills in the investment banking industry until he opened his own investment firm in 1995.

Today, he starts his day early as the European markets open and studies international news and economics and uses that criteria to invest. Cornelsen stays away from investing in economies that are prone to political or economic issues.

He relies on the information he gets directly from Reuters as it is fact-based and unbiased; he stays away from information that is produced by investors or analysts. Igor Cornelsen says “I try not to be influenced by other analysts or professors. I believe it is better to make my mind with facts rather than opinions.”

While he doesn’t use a definitive strategy in his decisions, he does have his finger “on the pulse” of assets that are depreciating and reduces holdings in those assets, often before others are aware of the situation.

Igor Cornelsen has had a very successful career but recalls a situation in 2007, when he closed all his commodity positions instead of selling the share. He thought he was being conservative and did the opposite. He’s reminded to buy cheap and sell high.

As he says, the whole idea of investing is to make money and reminds those just starting careers to start an investment program early, diversify portfolios to gain revenue from different sources and to minimize risk. Learn more: https://www.resumonk.com/igorcornelsen