In the second carefully-worded memo sent to reassure staff in as many weeks, Koerner told employees not to confuse the “day-to-day” stock price performance with the Swiss firm’s “strong capital base and liquidity position.” The shares are hovering near a record low. Koerner asked staff to remain disciplined and close to clients despite all the media attention the bank is receiving.
Market corrections and Warren Buffett’s timeless wisdom: Why investors should rejoice
Seasoned investors, like Anshul Saigal, view recent market corrections as valuable opportunities. Saigal, drawing from Warren Buffett’s philosophy, emphasizes buying quality assets at reasonable valuations
March 14, 2025