Igor Cornelsen was a longtime executive in the banking industry of Brazil. He led a couple of the biggest banks in that nation and established himself as someone that was deeply experienced in finance and investing. He retired in 2010 and now splits his time between Brazil and South Florida. While he is retired, he also owns and operates Bainbridge Investing Inc. where he manages his money and that of his clients. He pursues this as a part-time career and hobby because he finds investing to be one of the most interesting activities around.
Brazil is often overlooked as a place to invest money even though it has the 8th largest economy in the world. The country has a wealth of natural resources and a populace that is highly interested in entrepreneurship. Igor Cornelsen is an expert in not only how to invest in Brazil but also in the markets of countries around the world.
For anyone that wants to invest in Brazilian companies, Cornelsen has some advice to help them navigate these investments. his first bit of advice is that business in Brazil is built on relationships and networking. Getting to know people is the best way to make money. He also cautions that there is a lot of red tape in Brazil so investors need to be aware of regulations, high taxes, and a heavy dose of bureaucracy affecting their investments. He also says that there are restrictions on foreign currency transactions which means that money has to be exchanged only with an authorized financial institution.
Cornelsen is an expert at identifying spotting damaged stock of good companies. This makes for an excellent opportunity when it arises as the value of the stock will almost inevitably rise to where it should be. He also knows how to identify a damaged company where their stock is justifiably low and so presents not only no opportunity to make money but a very likely chance of losing money. As Igor has said time and time again, the point of investing is to make money, not lose it. https://about.me/igorcornelsen1