This is what dominates the political debate in Norway. The media has published a list of over 3,600 share deals – an average of more than one every day. Solberg was prime minister for Høyre, corresponding to the Moderates, from 2013 to 2021. In total, her husband Sindre Finnes made up to SEK 2 million in profits from the trade.
Solberg has said she did not know about the deals, and has not given Finnes any insider knowledge that might have helped him make more money.
And that line now gets a kind of support when NRK asked Robert Næss, investment director at Nordea, to count on the trade. It turns out that the quick “cuts” rather meant a loss compared to if Sinnes had let the money rest in more traditional forms of savings.
“Finnes would have earned 1.1 million more if he had invested the money in ordinary equity funds,” says Robert Næss to NRK.
According to the calculations, Finnes has thus missed out on an increase in value of almost 60 percent.
— This is not surprising, says Professor Trond Døskeland at the Norwegian School of Economics.
Beating the market, i.e. making bigger profits than “boring” forms of savings, is difficult.
– We see in the research that there are a lot of people who lose against the recommended solutions, says Døskeland according to the NTB news agency.