In 2010 I made the best financial investment of my life. Its return far outperformed any property, stock or savings account I have ever owned. I put 1.000 ISK on Lengjan, a sports bet where you choose three to six sports events in any given week for a combined coefficient of 4.42. I got all [...]

Bjorgolfur Thor was handed Landsbankinn through privatization because he was supposed to have made a mint abroad and re-investing it in the Icelandic economy was seen as a positive move. Landsbankinn’s bankruptcy within six years then turned out to be one of the biggest in history. Not just in Iceland but anywhere. The bank’s IceSave [...]