The founder and main owner of Tinkoff Bank, Oleg Tinkov, gave advice to investors. He conducted a live broadcast on the Clubhouse social network about investments, he is quoted by RBC.
Tinkov also spoke about his approach to investment and disclosed his attitude to Tesla shares.
According to Tinkov, he has only one share in his portfolio – Tinkoff Bank. He is not going to sell securities in the near future.
“I don’t buy stocks at all. And I never bought, neither before, nor after. This is enough for me, because I look at fundamental things. I understand how you can buy many Russian companies – our fertilizer producers,” Norilsk Nickel “, someone else. I look – it’s good. When I look at ten profits – how Tinkoff trades, 10-12 times, I understand how people buy. Everything else is some kind of speculation and so on. I don’t understand at all, “he explained.
Tinkov advised investors to pay attention to bonds and buy “undervalued Russian stocks.” “If you buy all these Teslas, be careful. Because this is, of course, a hype. In my opinion, there will be some other correction. Will you manage to get out of this or not is a big question,” the businessman said. p>
He also told the story of how his coach bought shares in Blizzard because he plays the game. Tinkov said that he almost fell along with the barbell when he heard this, because “there is no dumber justification for buying shares.”
Earlier in February it was reported that the capitalization of the Tinkoff group exceeded $ 10 billion, and the value of the shares reached $ 50.95.
In January, Oleg Tinkov ceased to be the controlling shareholder of the company. He and his family’s trusts converted their TCS Group shares from Class B to Class A and reduced their voting interest from 84 percent to 35 percent. Currently, TCS Group shareholders do not have Class B shares.