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Old 08-26-2010, 11:01 AM   #51
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by Shazam View Post
1) Norway has such a large fund because they have many state-owned companies.

2) We need to work on your definition of risk.

This is political suicide.

We already have Petro-Canada. Look how that turned out.
I'd love to hear your definition of risk. You seem to be of the opinion that the funds would be invested in something 100% guaranteed. Its a bad starting point. Even if we need some of that money immediately we don't need all of it, so we can logically invest it in longer term projects and do better than 2%.
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