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