2008-03-14

J. Fredriksen: understanding the sea

John Fredriksen is one of the most eminent tycoons in Norway. Starting as a mere employee he understood quickly what the sea gives and needs. He produce farm fish, oil tankers transport, and drilling. Surelly he is not the last entrepreneur going from sea transport to the oil business. 

The newspapers use to underline his expat life in Cyprus or his amazing home in Chelsea. But it's better to pay attention to his strategies instead of the way he spend his money privately. Seadrill is a nice example of his long term vision.

Only a bunch of companies will be able to offer efficient subsea operations. Ocean Rig (G. Economou) and Seadrill, are among my favourite groups  to gain this important match in the Arctic waters. Don't forget, my dear investor, to include them in your basket. And finally, let me suggest you to follow Mr. Fredriksen investments, he has a patent to convert salted water into money. 








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