Nicolai Tangen, CEO of Norges Bank Investment Management ($1.55T SWF), reflects on early personal motivation and psychological drivers of achievement.
Opinion
Nicolai Tangen says European growth lags the US due to lower ambition
“It is, of course, holding Europe back compared to the US. Now, there are several reasons why US, why Europe is growing less fast than the US. And it struck me, I spent a month in New York in November and met with a lot of companies, and you just, there is a di…”
Prediction Not checkable as stated
Nicolai Tangen predicts tougher times ahead and difficult investment returns
“I truly think there will be much tougher times ahead. I think it'll be difficult to generate returns, and we need, and everybody needs to know that.”
Prediction Not checkable as stated
Tangen: Interest rates will take longer to come down
“Personally, I think it will take longer for rates to come down.”
Prediction Open · timeframe Mar 2029
Nicolai Tangen confirms the Norwegian sovereign wealth fund will not hold Bitcoin
“We will not hold Bitcoin. It's not in our mandate, and we have no wish to have it. I don't think. And also, I'm not quite sure I fully understand All the implications of Bitcoin, but we, but it's not an alternative for us.”
Insight
Tangen: Deferring happiness to future achievements is a complete fallacy
“That was a total fallacy. Is, if you, the thing is that if you are not happy now, you will never be happy. You know, they have this study where they ask students at Harvard, so, do you have a good life? It's just, no, I haven't got a particularly good life jus…”
Opinion
Nicolai Tangen says MBAs are unnecessary unless changing career directions
“Well, personally, I'm not a big believer in MBAs except from if you have some kind of job and need to change direction, and you feel that, you know, I'm in the wrong place, I just need to completely do something else. Then an MBA is good. It's good as a kind o…”