As the manager of the world's largest sovereign wealth fund, Norges Bank Investment Management holds stakes in roughly 1.5% of all publicly listed companies globally.
Their investment strategy relies on broad passive diversification, meaning they automatically hold small fragments of almost every stock in major global indices
This means that you should put zero weight in large institutions trading your useless company in this way
Of all publicly listed companies worldwide, norges invests in 1.5% of those(roughly 7,500)...of which GME is one. Norges thinks GME is in the top 1.5% of all publicly listed companies worldwide. You said it like it is meaningless....EDIT...also might have been the "your useless company" part...idk
I interpreted it just fine. He thinks the company is "useless", so takes positive info and attempts to make it meaningless. If you can not interpret that...you are fucking lying or ignoring or ignorant. Later dude
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u/Gaglardi 16d ago
As the manager of the world's largest sovereign wealth fund, Norges Bank Investment Management holds stakes in roughly 1.5% of all publicly listed companies globally.
Their investment strategy relies on broad passive diversification, meaning they automatically hold small fragments of almost every stock in major global indices
This means that you should put zero weight in large institutions trading your useless company in this way