The $2 Trillion Mind | Nicolai Tangen

The $2 Trillion Mind | Nicolai Tangen

Nicolai Tangen is the CEO of Norges Bank Investment Management, the world’s largest sovereign wealth fund. He is responsible for managing $2.1 trillion. That's roughly 1.7% of every listed company on earth. In this episode, we explore the intersection of massive wealth, high-speed decision-making, and the psychological traits required to survive the AI revolution. ----- Approximate Timestamps: (00:00) Introduction (01:09) What Are You Leaning Against? (03:17) Tech Sector Evolution (04:15) The AI Bubble (05:44) Will AI Replace Humans in Investing? (06:24) Lessons on Listening (09:15) American vs. European Mindset (12:09) Prime Minster For a Day (14:27) Most Important Data (16:00) Speed and Agility (17:05) Ad Break (18:35) Using Urgency as a Tool (20:12) Can You Teach People to Change Their Minds? (22:14) Positive and Negative Comments (22:56) Testing Assumptions Before a Big Investment (25:07) Attitude Towards Risk (28:33) What’s Gotten Harder in Investing? (29:07) The Rise of Passive Investing (33:42) Why Did You Take This Job? (35:04) Ad Break (36:14) Sovereign Wealth Funds (38:24) Voting Against Elon Musk’s Pay Package (39:08) Building Long-Term Thinking (43:17) Slowing Down Decisions (45:13) Seeking Out Disagreement (48:08) Hiring Checklist (49:15) 140 Conversations To Prepare For A Huge Role (53:33) CEO Evaluation (01:01:25) What is Success For You? ------ Newsletter: The Brain Food newsletter delivers actionable insights and thoughtful ideas every Sunday. It takes 5 minutes to read, and it’s completely free. Learn more and sign up at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠fs.blog/newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ------ Follow Shane Parrish: X: ⁠⁠⁠⁠⁠⁠https://x.com/shaneparrish⁠ Insta: ⁠https://www.instagram.com/farnamstreet/⁠ LinkedIn: ⁠https://www.linkedin.com/in/shane-parrish-050a2183/⁠ Follow Nicolai Tangen: LinkedIn: https://www.linkedin.com/in/nicolai-tangen/?originalSubdomain=no Learn More: https://www.nbim.no/en/about-us/leader-group/leadergroup-persons/nicolai-tangen/ ------ Thank you to the sponsors for this episode: +Granola AI, The AI notepad for people in back-to-back meetings: https://www.granola.ai/shane Check out the Granola Notes +Download The League App today and find your perfect match! https://click.theleague.com/qmhm/0vdzsmj5 +Shopify: https://shopify.com/knowledgeproject Learn more about your ad choices. Visit megaphone.fm/adchoices

Jaksot(271)

[Outliers] J.W. Marriott: Building an Empire Without a Master Plan

[Outliers] J.W. Marriott: Building an Empire Without a Master Plan

Bill Marriott built the largest hotel company in the world. But he didn’t open his first hotel until he was 55 and he fought against it the whole way. In fact, the man that would go on to build the w...

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Inside the Mind of Robinhood Co-Founder Vlad Tenev

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[Outliers] The Obsession That Built Nike | Phil Knight

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The Psychology of Power | Michael Ovitz

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[Outliers] How McDonald’s Took Over America | Ray Kroc

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27 Tammi 50min

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The Multidisciplinary Approach to Thinking | Peter D. Kaufman [Outliers]

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Peter D. Kaufman is the Chairman and CEO of GlenAir, the editor of Poor Charlie’s Almanack, and was a decades-long friend of Charlie Munger. In a talk that was never meant to be made public, one of t...

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