May 14, 2021

Buying Credit Suisse despite their bad risk management in the past



After Credit Suisse’s five billion loss with Archegos and Greensill, many investors and experts are questioning the bank’s risk management problems.

Dr. Hermann Stern and Dr. Candace Cheng also see opportunity: they believe that this is an opportunity for the bank’s management to reform and get better. Also, it seems that the stock price correction is fair in correlation with the loss, so they decide to buy Credit Suisse shares.

Listen to more reasons in our video. Disclosure: Stern already held a Credit Suisse position from an earlier decision when he decided to buy more of it. The son of the parents Stern and Cheng is an apprentice at Credit Suisse.



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