Financial Advisor Igor Cornelsen has been in the financial industry since 1970. He hadn’t planned on being an investor, starting college studying engineering. While studying at the Federal University of Parana, his interests changed and he decided to earn an economics degree.
Back when he got his start, there were no computers available for the vast majority of businesses, even banks. This meant that when someone wanted to figure out compound interest they had to use a slide rule. He made a name for himself and before long was on the board of directors for Multibanco. A few years later, he was offered the chief executive position.
Igor Cornelsen went on to work as an executive for Standard Chartered Bank, Libra Bank, and Unibanco. During this time, he started to invest his money in the stock market. At first, he was limited to investing in Brazilian companies. Once he started getting his pay in American dollars the global investing market became available to him. In 1995, he launched Bainbridge Investments, where he is the portfolio manager.
He closely follows financial news so that he can analyze situations and develop his investment strategies. Igor Cornelsen has spoken about a few stocks he has been closely following recently. The first among these is ABEV which is based in Sao Paulo, Brazil. This company owns Anheuser-Busch, which produces Budweiser. They are now distributing Pepsi in Brazil. He thinks this is a company whose long-term prospects are very good.
Igor Cornelsen is also closely watching VALE. This is a commodities company that produces hydroelectricity, iron ore, and nickel. The stock of this company increased by 21 percent in 2018 and he expects this growth to continue. He pointed out that China is increasingly in need of commodities from this company and iron ore prices are also on the rise.