Daniele Levis Pelusi/UnsplashThe profit lies in purchasing: Do it like Aristoteles Onassis
October 2020 | Nobody has coined the term of anti-cyclical investing as much as the Greek tanker king Aristoteles Onassis. He bought his first ships in the depths of the depression in the 1930s – and profited from the subsequent upswing like no other. A similar situation is currently evident in the market for bulk carriers, the so-called bulkers. Here, an impending shortage meets favorable purchase prices. Vogemann is seizing this opportunity and filling its order books – mainly with handysize bulkers of the Green Dolphin class, which are almost ten years ahead of the requirements.
