In order to invest in a country’s shares, we believe that it is important to know the country’s culture and thereby get a better sense of the investors’ psychology, in that country.
Norway has the world’s second highest GNP per capita and the world’s fifth highest GDP per capita. Nowadays, Norway figures as the second richest country in the world in the material sense with the largest capital reserve per capita. The country is currently at the top of the UNDP’s Human Development Index, and the standard of living in Norway is among the highest in the world.
The salaries in Norway are above average, however the prices of their consumables are above average as well. But they have more buying power in terms of international stock trading and investing.
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