Norway Wealth Fund CEO on Market Risks
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- Опубликовано: 14 янв 2024
- The CEO of Norway’s $1.5 trillion sovereign wealth fund, Nicolai Tangen, spoke Jan. 15 with Bloomberg’s Francine Lacqua at the World Economic Forum in Davos.
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Great guy and great interview! Thanks to you both!
What’s the point of these interviews? Nobody says anything. Why do the interviewer ask these above questions like “what are you going to invest in” “what do you know that we don’t” “make a prediction on something that can’t be predicted”. Can someone please write some more interesting questions relevant to the subject so that they can answer in a interesting way. Set them up for success instead of badgering with these gotcha questions.
Well said.
That’ll never happen, they don’t *actually* want truthful accounts and clear, unambiguous positions from these people.
99% of financial “reporting” is designed to foment confusion and false assumptions in the peasant population so the ruling class can pull the rug and maintain its position.
The other 1% is them patting each other on the back and enjoying the sound of their own voices
it’s an Election Year , rates will come down and markets will be pumped ‼️
the problem is that if that happens it will happen for the totaly wrong reasons, and marked will be re-priced. if they cut rates... Rate cuts is not a marked pump event, it is a "sell the news" event, and we usually and probably will se a large sellof. we see high rates lag starting to hit, and rate cuts are not good for economy in genral.. ex, msft, appl and other of these large companies has billions each quarter in earnings based on high rates that are positive on their balance sheet, this will go away. their will se worst balance sheet and if these go down, the rest of the marked goes with them.. your statement has absolutely not any base and lack and understanding of economy and markeds
@@jenspettereikeland3700 i think you’re being a bit of a pedant & overcomplicating things ….quite simply, in an Election Year markets are inflated through a number of means , including rate cuts (inevitable since Fed have never paused twice consecutively then resumed hiking), Quantitive Easing (as opposed to QT which began late 2022 before markets fell dramatically wiping $Trillions in value). Plus variations of QE, which do effectively the same.
the market doesn’t care how much your pompous ass thinks you know about the Economy , it does mostly the same every business cycle, election cycle & long / short term debt cycle …in response to the same catalysts / stimuli by and large.
Love his podcast. Absolutely brilliant and smart
What about the Uk Sovereign Wealth Fund from the oil and gas revenues in the 1980s and 90s?
Oh. I remember now. It was completely squandered.
Probably on the Princes' legal bills ...
Norway was smart with it. Sadly as a citizen of the US we cannot take part in investing wealth into our own industries without creating major problems.
These guys are in Davos to talk and buy jet fuel at a premium. I went to St. Moritz and skied last week. You will spend about as much as going to Vail for a week. Incredible skiing, incredible views, superior bread. I'll show the math if anyone wants to see it. It's not as expensive as you may think.
yes show us the math, where you add these sums up, then use something that looks like "=" which is followed by a number which is your answer? are we close?
AI is not complete believed tools for increasing productivity, its only gives only that time certain circumstances n conditions rely upon idea or clues etc
Thank you
So .. he's buying enphase and solaredge?
Norway has sea level fluctuation experts who can help analyze Rome's port, 200 AD about 40 metres above current sea levels. You may want to consider investment implications of redesigning ports for fluctuating sea levels. Firstly check if Scandinavia has ancient ports that are now about 40 meters above sea levels. And put together probable chronologies as sea levels could reach the "high water" mark of ancient Rome's port.
In Gold we Trust :-)
If the IMF stop printing the markets would collapse instantly
It all depends on Pension Funds, right! Billions are being put in the stock market, no worries :-)
This is a classic interview where the interviewer has no idea what the norwegian oil fund does. They do "nothing"... They are a giant passive index tracker, they literally dont need to have a view or a clue of anything, they physically cant do anything with their portfolio. Their size is relevant for wall street banks to get paid on execution, minus that nothing.
what?
@@hotdog9262 get back to your food truck
he aint joking when he says they own a small part of the world, the wealth fund holds 1,5% of all the stocks in the world
He sounds like Orm from Norsemen. Ooooorm.... Ooooooooorm
What about Bitcoin⁉️
The Joker is for the leapyear
Man, you can tell they are freezing lol.
Oil Prices Going Up, Sweetie
Great guy but he did not say much here.
Then why do you call him great? Do you know any of his work? I have never heard of him so far, so I'm genuinely intreaged.
@@PEdulis I mean he must be great because he's the CEO of Norway Wealth Fund.
@@adwanalshammari6209 That's what one should assume when someone gets a job like that and given that it is Norway we are talking about, I kind of agree but unfortunately, in this corrupt world, this is not as often the case as it should be.
@@PEdulis 100% agree eith you...especially in the powerful nations who control the globe today
He isn’t getting free money and no yield ⚠️
Wait till the fund buys Bitcoin
"AI is going to be a big driver for efficiency." No, it will not, it is just another hype. Contrary to common belief, computers never increased the efficiency or productivity as Robert Solow famously stated already back in 1987: "You can see the computer age everywhere but in the productivity statistics". Nothing has changed there since then and e.g. Toyoate realised that and removed the robots from one of their plants to make it more productive again by "going back" to human workers.
Just another "New Paradigm" let me tell you we in the USA have heard about new paradigms in healthcare for 50 years and we have a horrible healthcare system. Where the skier who had an accident resulted in over 500,000 in something like 30 days.
That's a ridiculous statement. That's like saying that the industrial revolution didn't increase productivity. AI will be bigger than the industrial revolution.
@@NoWonderDragon Any proof of that? People play around with it a lot but do they actually get more productive?
@@PEdulis and even if they do get more productive, the increase goes tothe top 10%
He should be FIRED!
Why?
Shame on you joining the enemies of Humanity!!