On Watch heard him speak on that subject in Oslo earlier this month.

Hansson cited late Norwegian economist Erling Dekke Naess: “What’s up comes down and what’s down comes up.”

“That’s just about my knowledge of the market,” Hansson said, making light of his 43 years in the business.

He quoted another finance guru, late professor Knut Boye: “The main objective in business is to survive.