Norwegian Sovereign Wealth Fund Made US$ 180 Billion In 2019!

Wow! Norwegian Sovereign Wealth Fund Made US$ 180 Billion In 2019!

That’s US$34 000 for every Norwegian! Now with that type of returns, having the Swiss standard of living is a piece of cake!

 

Lim Tean

 

 

 

 

yyy
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14 Responses to “Norwegian Sovereign Wealth Fund Made US$ 180 Billion In 2019!”

  • Another PAP's nonsense:

    Sg sovereign funds are not transparent including CPF and government boards. If you go Singtel and Temasek offices you will see alot of Indian FTs including DBS. Once change of government, all inrreguralities will be exposed! Thank you Mr Lim Tean and Mr Philip Ang for their excellent contributions exposing PAP. Unfortunately local people are self centered, ignorant and still voting for PAP. WP can go to sleep. They are useless!
    PRs are allowed to buy HDB flats and rent them out but live in their home country or other country working there. They can even challenge you the rules of HDB. WHAT THE SHIT IS GOING ON IN THIS COUNTRY!

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  • patriot of TUMASIK:

    Swiss standard @ Walled with Mercenary Guards 2nd Avenue Home…from a house with wooden Bucket Sanitary…For him, a wooden piece of SHIT..as for you sheeple be happy with an HDB

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  • Realistically:

    Norges Investment Bank Yngve Slyngstad CEO’s pay in 2018 was only US$810,000 compared to a speculative S$50+ million for the CEO of Temasek Holdings; see https://www.ft.com/content/200fed0c-5923-38f9-86a8-cb43a8163964.

    That is nearly 50 times LESS than what HC’s supposed pay for nearly 5 times the size of Temasek’s portfolio………..

    How come our so-called oppo no make noise leh?

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  • Bapak:

    That amount of money they made could be our money our TarMaDerSuck loses. Please investigate.

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  • UniQ:

    Anyway, what makes you think we did not make that munch or even more ?

    The question is why the earnings are not pass along to Sinkies ? Where did the $$ goes ? to MNCs, Forces, Stats Boards, Unions and Grass Roots to garner votes using Sinkies Hard Eran Blood $$ ?

    Your guess is as good as mine..but my bet the facts would not drift far from these.

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  • Work smart and not work hard:

    Realistically:
    Norges Investment Bank Yngve Slyngstad CEO’s pay in 2018 was only US$810,000 compared to a speculative S$50+ million for the CEO of Temasek Holdings; see https://www.ft.com/content/200fed0c-5923-38f9-86a8-cb43a8163964.

    That is nearly 50 times LESS than what HC’s supposed pay for nearly 5 times the size of Temasek’s portfolio………..

    How come our so-called oppo no make noise leh?

    Make noise got use meh? Don’t shout like a mad puppy, anyhow shoot, later gonna pay until your trouser also drop. Better reserve the bullets for parliament debate. Social media is for those cannot go through the proper channel to put up their questions. Better go law by law and better don’t get burn unnecessary.
    The smarter will make more money. This is a fact in this country. You have to accept it. At the present situation, you basically got no control.

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  • Note to never mediocre ctgoh?:

    Switzerland’s yearly Minimum Wage is S$21,550 (USD15,457) or S$1796/month. What is minimum here in Sinchiapor Inc. sire?

    Switzerland is ranked 12th in the global FIFA rankings …. while Sinchiapor sits at 157th struggling in SE Asia…

    CT once exhorted us Singkies: Pay peanuts will only get mediocre monkeys … but we pay him gold nuggets what do we get? An rattling tin can of empty promises with an all-too-smooth handover to the next generation of crony-can-do … granny grandpa are you working this weekend?

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  • Reasoning Question:

    Pay “peanuts” and you get monkeys. Pay $$$$$millions and what do you get? (No right or wrong answer; a matter of opinion only.)

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  • Singaporeans been robbed:

    The Norwegian fund made 19.9% in 2019.
    https://www.nbim.no/en/the-fund/news-list/2020/historic-results/

    Our CPF Fund is $400 billion.
    Our investment return is 2.5%.

    IF our gov had been as capable as the Norwegian Fund manager, we would have returns of 19.9% instead of the miserable 2.5%.

    The difference of 17.4% works out to be, $69.6 billions!!!!!!!!

    Dear CPF members, we have been robbed of $69.6 billions in CFP returns.
    We have been robbed of the chance of getting top-notch fund managers who can give out such great returns.

    If we want to retire with million dollar CPF accounts, we better vote out PAP. They are super lousy fund managers. Because of them, our CPF accounts are miserable.

    Vote out PAP. Vote for million-dollar CPF retirement.

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  • Worrying future:

    With all the money that they have, these countries are broken down. When you walk to a night club and easily strike a deal for a one nighter just as quick as having a cup of coffee, what do you think of that.

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  • NotMyProblem:

    Realistically:
    Norges Investment Bank Yngve Slyngstad CEO’s pay in 2018 was only US$810,000 compared to a speculative S$50+ million for the CEO of Temasek Holdings;

    That is nearly 50 times LESS than what HC’s supposed pay for nearly 5 times the size of Temasek’s portfolio………..

    How come our so-called oppo no make noise leh?

    Vote in more oppositions into parliament, you’ll see how noisy parliament would be!!!

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  • Realistically:

    SinkaPoor needs more oppos like Kenneth Jeyaretnam and NOT the wayang party self-serving fake oppo who are only interested in the $16k MP monthly allowance……….obviously NONE of them can even get 1/3 the MP allowance outside.

    As I hv pointed out, Temasek has been losing billions during the Great Financial Crisis – 2007- 2009 – with loss in Merrill Lynch of around US$4.6 billion & Barlays also of around S$3 billion……….

    If the wayang party had made enough noise both in & out of Parliament, maybe, just maybe, that woman might not have a chance to further lose billions in Bayer & other failed investments like Pavilion energy.

    Blame TH & GIC losses on the failure also of the wayang party MPs selfish,self-interested utter failure as oppos to save guard their greed for the $16k monthly MP allowance.

    Vote OUT the wayang party together with the PAPies.

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  • Realistically:

    Someone who has not shown any credibility on this forum claims that his guess is as good as mine.

    He/she obviously has no shame, not having shown ANY example of his knowledge of GIC/TH’s investment returns.

    He/she might want to read up what PAP MPs have to say in Parliament a week ago about using GIC/TH/MAS net investment returns.

    With a PATHETIC wayang oppo, no wonder sinkies are in deeper morass.

    VOTE OUT THE WAYANG PARTY together with the PAPies.

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  • Fashionable!:

    Worrying future:
    With all the money that they have, these countries are broken down. When you walk to a night club and easily strike a deal for a one nighter just as quick as having a cup of coffee, what do you think of that.

    They are having sex in the open parks in broad daylight like dogs. It’s the fashion.

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