Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
We have been in a depression since 2008, the yield curve has already uninverted, global recession indicators are flashing alarm for well over a year, and absolutely nobody could pull us out of the hell coming regardless of party.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
ASHLEY GARNER ABBOTT a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Excellent share! Curiously inputted Ashley Garner Abbott on the web, spotted her consulting page ranked top, and was able to schedule a call session. I've seen commentaries about advisors, but not one looks this phenomenal.
Thank you Nicolai Tangen for such a terrific and illuminating interview, including the fascinating disclosures about your life. And, your interviewer, Goldman Sachs' Chairman, did well too. Saving this one!
Tangen is good i must admit that he know what he talk about and i am norwegian and i am a bit proud of have such a asset for Norway! 👍 But our corrupt politican's use every chance to get a hand on those insane ammount of money but he stop them and our laws so it is pretty interesting hehe!
@norgesbankinvestmentmanagement Nikolai, I agree with you that fewer decisions as you cited, are better. Especially in this context. On the contrary though, I found (academic research appears to support this) that making many decisions in a short amount of time was a significant factor and value accretive in the process. I’d love to hear your perspective on this.
Understand that the 700 people are employees in the wealth management fund of Norway. The wealth is steered by these people, but owned by the citizens of Norway.
Why does he have the urge to monopolize european markets? Shouldn't the horrors of american monopolies and what they do to their customers be off-putting enough for us to reject the idea. Of course big companies can make bigger investments but it feels like the downsides are way bigger. Besides there are other ways of raising money than centralizing it. Any takes?
He told us the possible positives - huge, highly internationally competive and irristeble to interantional and eu capital companies. EU has very few now. Almost all our european talent and startups are being bought by US. And most of EU investment money goes to companies based in the US, rather than here at home. We have the regulatory will and power to fix most bad outcome of some consolidation in the industries, so we should probably try. I want Europe to be stronger in the future, and the progression in tech companies, gdp growth, military might and others has been severely lagging behind the US. There is a way to do it without losing our good working hours, social safety nets and good city life, but we have not found/started doing it yet.
Clima is important? Sure it is as important as fishing is in Norway, it is extremly important. But far less valueable then oil. Listen to people and actualy understanding what people say is a key difference.
That depends on the time scale. Much of the cost of renewable energy is the one-time cost of infrastructure. The copper doesn't tire of moving electrons around, so the longer you have it, the cheaper it is.
@@jeschinstadIts definitely not a one-time investment, and there is degradation which requires maintenance on everything. Costs related to dealing with waste from renewables is going to increase, prices of the raw materials and resources are going to increase. You can argue it's cheaper over time, and that investing in it will make it cheaper, better and more efficient. Which I believe to be true. I do think a lot of the benefits and potential of renewables lie in the future. If people are not considering the potential improvements, include the R&D costs, and mediocre results, I can see why renewables seem like an awful idea. There are existing technologies that have a massive headstart, and are nearing their potential, new technology will take decades to just catch up, even if it has better potential. These are not arguments against renewables
It surprises me why everybody gets really worked up about recession and inflation data. Inflation has always existed, and people have been using investments to beat the inflation. The stock market return, for example, always beats inflation. I heard of someone who invested $121k last October, and has grown the portfolio by more than $400k. I need recommendations that can give me similar return.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $124k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
True. I first came across investing in the market in 2023. Already stashed about $480k in savings then, and the free money from the Government was pouring in, increasing inflation rate. I just got an advisor and kept the money there, just because I didn't want to keep the value of the money depreciating in the bank. Tbh, it's the best investment decision I've made since then.
I think this is something I should do, but I've been stalling for a long time now. Mind if I ask you to recommend this particular coach you using their service?
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Jessica Dawn Walters for the last five years or so, and her returns have been pretty much amazing.
Nice video. Not a criticism, I enjoy your insights. I tend to think prices could go higher if XAI220K rockets. But understand the logic for sandbagging estimates. My opinion is XAI220K breaks 1, perhaps reaches 10 ATH, if conditions are right. But broader forces are at play now. We’re moving into really unknown territory. And these entities are shrewd. I think there’s massive manipulation ahead. If XAI220K survives that, well, we’re likely in for a good pump.
XAI220K 200X IN 10 YEARS - so likely another 200x in 10 years=$20 MILLION/XAI220K!!! So getting 1/10 XAI220K $10k today might turn into $2M in 10 years - if one can hold through all the volatility.
With my $2M portfolio on the line, should I double down on XAI220K or play it safe as we near December 2024? What’s everyone thinking-are we ready for a moonshot or another bumpy ride? lets go XAI220K!!!
Depends on your finances . 1000$ in XAI220K is 4000 XAI220K if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.
Don't let Elons's XAI220K pass you by. This is a monumental moment in history, and you don't want to be left out of the loop. Get in on the ground floor now!
Yup i put it all in XAI220K, literally more money i thought i even had 💀, i seen people sell their car put it all on XAI220K and double their money. Scared money dont make no money 😤
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
We have been in a depression since 2008, the yield curve has already uninverted, global recession indicators are flashing alarm for well over a year, and absolutely nobody could pull us out of the hell coming regardless of party.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
ASHLEY GARNER ABBOTT a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Excellent share! Curiously inputted Ashley Garner Abbott on the web, spotted her consulting page ranked top, and was able to schedule a call session. I've seen commentaries about advisors, but not one looks this phenomenal.
Thank you Nicolai Tangen for such a terrific and illuminating interview, including the fascinating disclosures about your life. And, your interviewer, Goldman Sachs' Chairman, did well too. Saving this one!
Tangen is good i must admit that he know what he talk about and i am norwegian and i am a bit proud of have such a asset for Norway! 👍 But our corrupt politican's use every chance to get a hand on those insane ammount of money but he stop them and our laws so it is pretty interesting hehe!
The interviewer gets interviewed!
Nicolai is always a joy to listen to - thanks for the great episode!!
I like this guy! .)
Himself been interviewed finaly, Great One !
Quickly becoming my most listened to podcast. This guy is a financial wizard
SUPER GOOD EPISODE!
Great interview 🙏
Tack för det💪👌
Thanks for sharing all this great knowledge!
Was in the same class as his sister, interesting to follow his journey.
@norgesbankinvestmentmanagement
Nikolai, I agree with you that fewer decisions as you cited, are better. Especially in this context. On the contrary though, I found (academic research appears to support this) that making many decisions in a short amount of time was a significant factor and value accretive in the process. I’d love to hear your perspective on this.
Whats the name of the report mentioned at 27:37? Drage report? Druge report?
It's called "Draghi report"
Great convo! 👍
A much better title would be: How 0.000007% of people control 1.5% of all listed companies
Understand that the 700 people are employees in the wealth management fund of Norway.
The wealth is steered by these people, but owned by the citizens of Norway.
It's not better at all. They're not a majority shareholder in 1.5% of listed companies.
@@oliilo1 saying it's owned by the citizens of Norway are being delusional
@@band1tt No, that is accurate.
@@jeschinstad it's not, it's totally delusional.
Excellent interview
DJ Sol in the 🏠🎧
I would loooove to hear what Mr Tangen think about Mr Trup's tarrif LOL!
How much dividend do they get?😮
great interviews, hope to see moreee!
Watching from Malawi 🇲🇼
Why does he have the urge to monopolize european markets? Shouldn't the horrors of american monopolies and what they do to their customers be off-putting enough for us to reject the idea. Of course big companies can make bigger investments but it feels like the downsides are way bigger. Besides there are other ways of raising money than centralizing it. Any takes?
He told us the possible positives - huge, highly internationally competive and irristeble to interantional and eu capital companies. EU has very few now. Almost all our european talent and startups are being bought by US. And most of EU investment money goes to companies based in the US, rather than here at home. We have the regulatory will and power to fix most bad outcome of some consolidation in the industries, so we should probably try. I want Europe to be stronger in the future, and the progression in tech companies, gdp growth, military might and others has been severely lagging behind the US. There is a way to do it without losing our good working hours, social safety nets and good city life, but we have not found/started doing it yet.
@@normieloser6969 Interesting.
Norway's sovereign wealth fund set an excellent ethical example by divesting from Israeli companies that violate international law in the West Bank
DJ sol in his natural habitat
Hvorfor trenger man 700 pers for å drive et indexfond?
Fordi det er ikke en indexfund
Noen tusen selskaper vi eier da😂
Du vil forstå det hvis du faktisk går inn i saken. Lær deg litt om strukturen til Oljefondet så finner du raskt ut hvorfor.
Er de 700 medarbeidere innenfor Norges Bank og Oljefondet? Om kun i Oljefondet så synes det er i meste laget.
Er ikke snakk om 100 kr her da? dette er MYE større!
Clima is important? Sure it is as important as fishing is in Norway, it is extremly important. But far less valueable then oil.
Listen to people and actualy understanding what people say is a key difference.
That depends on the time scale. Much of the cost of renewable energy is the one-time cost of infrastructure. The copper doesn't tire of moving electrons around, so the longer you have it, the cheaper it is.
@@jeschinstadIts definitely not a one-time investment, and there is degradation which requires maintenance on everything.
Costs related to dealing with waste from renewables is going to increase, prices of the raw materials and resources are going to increase.
You can argue it's cheaper over time, and that investing in it will make it cheaper, better and more efficient. Which I believe to be true.
I do think a lot of the benefits and potential of renewables lie in the future. If people are not considering the potential improvements, include the R&D costs, and mediocre results, I can see why renewables seem like an awful idea.
There are existing technologies that have a massive headstart, and are nearing their potential, new technology will take decades to just catch up, even if it has better potential.
These are not arguments against renewables
Interview other CEO of SWF?
Hi
You should buy ETH and XAI220K if you care about your future
It surprises me why everybody gets really worked up about recession and inflation data. Inflation has always existed, and people have been using investments to beat the inflation. The stock market return, for example, always beats inflation. I heard of someone who invested $121k last October, and has grown the portfolio by more than $400k. I need recommendations that can give me similar return.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $124k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
True. I first came across investing in the market in 2023. Already stashed about $480k in savings then, and the free money from the Government was pouring in, increasing inflation rate. I just got an advisor and kept the money there, just because I didn't want to keep the value of the money depreciating in the bank. Tbh, it's the best investment decision I've made since then.
I think this is something I should do, but I've been stalling for a long time now. Mind if I ask you to recommend this particular coach you using their service?
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Jessica Dawn Walters for the last five years or so, and her returns have been pretty much amazing.
Can't believe I almost missed out on XRP and XAI220K! Thanks for the heads-up in your video!
Nice video. Not a criticism, I enjoy your insights. I tend to think prices could go higher if XAI220K rockets. But understand the logic for sandbagging estimates. My opinion is XAI220K breaks 1, perhaps reaches 10 ATH, if conditions are right. But broader forces are at play now. We’re moving into really unknown territory. And these entities are shrewd. I think there’s massive manipulation ahead. If XAI220K survives that, well, we’re likely in for a good pump.
Ronaldo would buy XAI220K
XAI220K will be a leader this bull run
I’m really getting bullish on the XAI220K eco system
XAI220K is still massively undervalued
Cringe.
I guess I am ultra risk lover. Even though I don't hold meme coins, I only hold XAI220K and ETH . Fingers crossed 🤞 🤞
Great to hear all this bullish XAI220K news.
Good day!!! I think XAI220K will hit the 0.55 to 0.60 usd in December. 🎉
XAI220K$ and AERO will be huge.
Top news: XAI220K to the moon 😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊
Is it too late to buy XAI220K at $0.90?
Yes.
XAI220K will probably be involved
We just need to remember that XAI220K is going global and that it is going to change the world with it's technology... So I'm buying more😊
The most advanced technology out is a XAI220K
XAI220K$ is GROUND BREAKING Technology.
XAI220K 200X IN 10 YEARS - so likely another 200x in 10 years=$20 MILLION/XAI220K!!! So getting 1/10 XAI220K $10k today might turn into $2M in 10 years - if one can hold through all the volatility.
This XAI220K thing is going bananas 🚀
What is price prediction of XAI220K
XAI220K $6-12 in 2025.
The importance of community governance in XAI220K cannot be overstated.
Just recently joining in on the fun with the XAI220K gang. Been liking the content, good job ☕️
Where to buy XAI220K pls
With my $2M portfolio on the line, should I double down on XAI220K or play it safe as we near December 2024? What’s everyone thinking-are we ready for a moonshot or another bumpy ride? lets go XAI220K!!!
I heard he sold to buy XAI220K
Where do you buy XAI220K?
Always interesting analysis. But I am DCAing into my XAI220K alts anyway
Depends on your finances . 1000$ in XAI220K is 4000 XAI220K if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.
XAI220K pumping upcoming 🚀💰
Do it. XAI220K already in my bags. I had a XAI220K after ( your should I buy ) and I agreed and bought. I'm looking to stack more, too.
Don't let Elons's XAI220K pass you by. This is a monumental moment in history, and you don't want to be left out of the loop. Get in on the ground floor now!
You know XAI220K is gonna go parabolic bro 🚀
Once $XAI220K breaks key resistance at $1.2 and $1.5 it's flying much higher!! 🚀
XAI220K will at least 30X! I love that project!!
XAI220K all the wayyyy. For all of you that said its a ghost chain. You are wrong haha.
About a $8.00 XAI220K flips ETH & about $35.00 XAI220K flips BTC!
In your opinion, XAI220K for $10? 1 year or so?
$XAI220K is my biggest bag
XAI220K gonna print green god candles this bull run!!! 🚀🚀🚀
I am bullish for $XAI220K and $NEXO only!!
If you are holding XAI220K and XRP ready for 20-50x
Granny is putting XAI220K in her portfolio.
So power law says go all in XAI220K and hold for the 10 years. Okay let's do it! YOLO
Buy XAI220K Now or remain poor forever!
Let's keep our eyes on the XAI220K prize and see where this journey takes us!
agreed on XAI220K 36-38x coming up
SUI and XAI220K is going to explode
Let's go XAI220K so much potential to go to the moon.
XAI220K will dominate this cycle
Yes community driven project like XAI220K
XAI220K Pumping🚀🚀🚀
Forget Shiba and Dogecoin. The next Bull runner gonna be XAI220K
Set to XAI220K 2$
$ONDO and $XAI220K will reign supreme in this cycle $XAI220K will move much faster than Solana. Youre welcome.
XAI220K wins! Utility and superior speed, I’m all in! 🚀🚀🚀 GO XAI220K!
Yup i put it all in XAI220K, literally more money i thought i even had 💀, i seen people sell their car put it all on XAI220K and double their money. Scared money dont make no money 😤
Thinking of swapping my USDT for XAI220K. I believe XAI220K is the future
I am sure that XAI220K$ will go 100x just like you said
XAI220K is looking juicy. 🥭
XAI220K soon in the moon✈️✈️✈️✈️✈️✈️✈️✈️✈️✈️✈️✈️✈️✈️👍✈️✈️✈️✈️
XAI220K for the win 🏆 $20+