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For about 8 months now, both the economic outlook and developments on the capital markets have stood in the shadow of the coronavirus crisis. If we look back to the start of that period, the focus was above all on the economy in China — the geographical origin of the virus.

More and more people want to live in a more resource-friendly and responsible way. There are many paths to get there: buying more regional food, flying less, avoiding plastic waste, consuming less overall. You can also make a contribution with a sustainable investment.

In recent weeks, quirion has been able to add no fewer than four new awards to its already well-stocked trophy cabinet. In particular, the forecast-free investment model and the low fees frequently tipped the scales in quirion’s favor.

The Wirecard affair is causing upheaval in the portfolios of many private investors and investment professionals. Sitting pretty, by contrast, is anyone who didn't get swept up in the Wirecard hype of recent years. Tamo the elephant from Kronberg Zoo shows us how it's done. His elephantine savvy is baked into the quirion portfolios, too.

A commentary by Prof. Dr. Stefan May, financial expert and head of investment management at Quirin Privatbank and quirion.

We asked Arndt Kussmann, Head of Portfolio Concepts at Quirin Privatbank, about the typical mistakes investors make. In this interview, he explains the psychological traps that private investors often fall into, the negative effect they have on returns, and how to avoid them over the long term.