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Ericsson Lands $1.2 Billion Deal with Vodafone Three
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Heartspace News Desk
•Source: Dagens industri
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Key takeaways
- A Dagens industri article, in collaboration with Ålandsbanken, offers investment guidance from Lars Söderfjell, Head of Equities at Ålandsbanken Fonder, on navigating volatile markets
- Söderfjell advises investors to refrain from making emotional decisions during periods of market instability, such as panic selling during downturns
- He stresses the importance of establishing a long-term strategy tailored to individual risk tolerance and adhering to it consistently
A Dagens industri article, in collaboration with Ålandsbanken, offers investment guidance from Lars Söderfjell, Head of Equities at Ålandsbanken Fonder, on navigating volatile markets. Söderfjell advises investors to refrain from making emotional decisions during periods of market instability, such as panic selling during downturns. He stresses the importance of establishing a long-term strategy tailored to individual risk tolerance and adhering to it consistently.
Söderfjell contends that attempting to time the market is exceptionally difficult and that historical data demonstrates markets recover over time. He highlights Ålandsbanken's strategy of investing in quality companies with robust business models, strong cash flows, and stable balance sheets as a means to mitigate risk. This approach, he notes, has yielded solid performance for the bank's portfolios. The article also briefly touches upon environmental initiatives supported by Ålandsbanken’s Baltic Sea Project, including eider duck conservation and efforts to promote sustainable fishing.
Related Topics
EricssonVodafone Threetelecommunicationsnetwork infrastructurestrategic agreementtechnology partnership
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