"Stocks that are popular with investors usually don't work," he explained. “Such assets include the following areas: software, technology, cryptocurrencies - all these are things that have significantly fallen in price this year. And I think there's a lot more to come in those areas."
He believes that commodities are a segment of the market that should work for a variety of reasons. According to the expert, support factors include deglobalization, new trends in the labor market, infrastructure development and many other factors. He explained that producers of raw materials and field developers are attractive to a wide range of investors, as they are easier to evaluate, while understanding companies at the exploration stage requires certain geological knowledge.
He stressed the importance of early acceptance of macroeconomic trends, such as those he sees emerging in the commodity sector. “Nobody focuses on silver, but silver won't disappear, gold won't disappear, copper won't disappear. All this will remain with us for many, many years, decades and even centuries to come,” Costa said. “I think that long-term investors should take the approach of buying what is cheap and where there is a possibility that these assets will perform very well, at least in the short term.”