Over more than 20 years I was able to invest clients‘ money and my own money. Since my youth I was fascinated what makes stock markets move. But there was one moment I remember well: During my last year of studies in 1998 I focussed on „Banking & Finance“ at the University of Applied Sciences in Chur. I took the challenge to write a thesis on „Structured FX-Derivatives and their practical use“. In those days Structured Products were only used by institutions and it was difficult to find professionals who were able to give me insights on how such products are created and calculated. I spent nights calculating formulas to understand the pricing. In my final remarks I commented that some day such products could be purchased and of interest also for private individuals. I was far from any idea how big this business has become today with all the upsides and downsides included!

My firm belief is that you need to have discipline, a clear understanding of the risks involved and also the courage to take profits or losses at any point in time. Asset allocation and risk assessment matter!

Under INVEST I will from time to time express my opinion on topics which are important to me.