I might be right

Monday, April 16

I’m an IT-investor

And I didn’t even know it. Vodafone? Yup. Microsoft? You bet. Nokia? Samsung? Ericsson? Yup, yup, yup. Google? Certainly!

So how did I find this out all of a sudden? I read it on the internet of course! At the end of 2006 the Government Pension Fund was worth a staggering 1.748bn NOK, with around 724bn invested in stocks. Of those 724bn around 9% is placed in IT stocks. The Norwegian financial newspaper Finansavisen has done some number crunching and come out with the stakes each Norwegian has of the ten biggest IT companies the fund has invested in:

  • Vodafone Group - 993 NOK
  • Microsoft Corp. - 740 NOK
  • Telefonica - 654 NOK
  • Nokia Oyj - 625 NOK
  • Sap AG - 560 NOK
  • Ericsson - 537 NOK
  • Google Inc - 488 NOK
  • Samsung Electronics - 440 NOK
  • Telecom Italia Spa- 430 NOK
  • Deutsche Telecom AG - 424 NOK

Now it’s not like I have the option to take out the money any time soon, but it makes me feel good nonetheless...

(For those of you who care, the going rate for one USD is around 5.9 NOK and 8.1 for one Euro)

Via Dagens IT

1 comment:

Andreas said...

Hey nice, thanks for the heads-up. I (still) like Google :)