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Norsemen landing in Iceland – a 19th-century depiction by Oscar Wergeland. The Sagas of Icelanders say that a Norwegian named Naddodd (or Naddador) was the first Norseman to reach Iceland; in the ninth century, he named it Snæland or "Snowland" because it was snowing.
The capital of the Nobel Foundation today is invested 50% in shares, 20% bonds and 30% other investments (e.g. hedge funds or real estate). The distribution can vary by 10 percent. [32] At the beginning of 2008, 64% of the funds were invested mainly in American and European stocks, 20% in bonds, plus 12% in real estate and hedge funds. [33]
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