|
LUNCHEON MEETING 30 AUGUST, 2002
|
Theme: "How to Invest?"
Guest Speaker: Erik Ullner, Chief Representative
Konigstedt Ltd.
|
|
RECAP
|
After a 15 year long career as private banker in leading international banks Erik Ullner founded Konigstedt Ltd. two years ago with two of his former Japanese colleagues.
In his presentation, Mr. Ullner introduced his company , gave an overview of his role in the investment process.
And iventment advisor should:
Get along with People
Have Experience and Tools
Have Product Knowledge and Adaptability
Have Quality Service and Pro-Activity
Be able to identify and meet clients needs
He touched upon subjects as "What do the wealthy look for?", What is the role of the investment advisor?" and "Investment Guidelines".
The main message to investors was that keep it simple, take the long-term view, diversify, minimize risk and
invest only a small portion or your wealth in risk assets.
He pointed out that long term investing reduces volatility.
"The longer you hold an investment, the more likely you will receive the average return.
For volatile investments, short holding periods can be dangerous."
|
|
IMAGES FROM THE MEETING
|
|