Thierry Borgeat

Thierry Borgeat is a Swiss investment professional and the co-founder of arvy, a Zurich-based fintech investment manager. He specializes in a long-term, "quality-oriented" investment approach, focusing on global stocks with strong competitive advantages.

Professional Background
Role: Co-founder and Chief Investment Officer at arvy, which he launched alongside Patrick Rissi and Florian Jauch to make professional investment solutions more accessible.
Experience: He has spent the majority of his career managing investment strategies centered on equity and global macro at various private banks and investment boutiques.
Credentials: Borgeat holds a Bachelor’s degree in Finance and is a CFA charterholder.

Investment Philosophy
Borgeat is known for his "bottom-up" stock picking and has contributed extensively to financial publications like The Market. Key tenets of his philosophy include:
"Boring is Good": He emphasizes patience and "steady compounders" over volatile "moonshot" stocks.
Quality & Moats: He seeks market leaders with high barriers to entry and high gross margins (often over 60%) to withstand economic pressures like inflation.
Top-Line Focus: He advocates for focusing on sales growth and durable competitive advantages rather than just chasing net profits.
Market Outlook (2026): Recently, he has expressed caution regarding high-valuation tech giants, warning of potential "Kodak moments" for established brands and predicting possible 15-20% corrections in the S&P 500 by mid-2026 due to "price for perfection" valuations.

Recent Media and Insights
Volatility Analysis: He frequently appears in interviews discussing market "turmoil," using metaphors like "basketballs under water" to describe strong stocks that regain value after a market dip.
Contrarian Views: He has voiced critical views on Apple’s high valuation relative to its growth and has discussed extreme scenarios such as oil reaching $400 in certain geopolitical contexts.