Igor Cornelsen is a successful Brazilian entrepreneur and an investment banker who has made a fortune for himself and the companies he has worked for. The genesis of Igor’s journey to the investment world started way back in 1965 while he was a student at the Federal University of Parana. Initially, he had enrolled in engineering school, but two years into his studies he decided to also study economics. This was a decision that would heavily influence his career and fuel him to success.
Igor graduated five years later in 1970 and took a job as an investment banker. During his time, calculators and computers were not that rampant, and it was common for banks to hire engineers who were able to calculate complex subjects such as the rates of compounded interest. Igor was a determined and professionally aggressive banker and his service and dedication to the finance discipline landed him in Brazil’s capital Rio de Janeiro at Multibanco.
Igor Cornelsen would stay with Multibanco where he was also named CEO, until in 1978 when the Bank of America purchased Multibanco. Consequently, he had to switch to Unibanco which was the top investment firm in Brazil. Igor worked with Unibanco for seven years and left in 1985 at the time inflation rate was high and joined Libra Bank PLC which was a subsidiary of London Merchant Bank.
His move to London Merchant Bank would prove to be a very crucial move because Igor was paid in dollars which allowed him to invest in Brazil. During this period, he would collect high-value assets that were depreciating due to the inflation in Brazil. Igor was always a man on the go and sought new challenges every now and then. He and a couple of his colleagues would move to Standard Chartered Merchant Bank where he was a member of the board for seven years. Igor would eventually leave Standard Chartered and start his investment firm where he offered similar services regarding investments.
Today, Igor is still in the market and he is based in Sao Paulo. He says he relies on Reuters to get his information because he is certain that the information will be credible because Reuters are unbiased in their reporting. Igor continues to research and study economies. He buys assets in economies that are improving and sells off in the economies that have a poor economic future.
More about Igor Cornelsen
Igor is the proprietor of Bainbridge Inv Inc, which is located in the Bahamas. His primary goal at the company is to come up with creative and fun methods to experience success in the stock market. Other than that, Igor is largely retired and balances his time in his two homes in Florida and Brazil. He practices investment as a hobby and also loves to golf when he finds the time.