A Norwegian investor who bought S&P 500 stocks in 2011 in dollars was up about 1,000% at the highs: roughly 400-500% from stock appreciation plus another 50% currency gain as the euro halved against the dollar.
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Jack FarleyEvidence Quote
“a Norwegian investor who bought US stocks in 2011 is up about a,000% because well, at the highs, it was up a,000%...the stocks were up 400, you know, 500%. And the the currency basically was cut in half against the dollar”
Created: 8/11/2026, 7:35:08 AM
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