CW

[CW @CryptoWatermark]

@FrancoisRice @DeItaone The fund is index-aligned across thousands of companies, about 70% stocks and 30% bonds. The state can only spend around 3% a year, the expected real return, so it never has to sell into a crash. A correction hurts, but corrections are noise on a multi-decade horizon.

[CW @CryptoWatermark]

@FrancoisRice @DeItaone You are missing that Norway only has about 5.5 million people. $2.3T / 5.5 million = $418,000 per citizen.