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Marcus Wallenberg

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56
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2024-10-02
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2024-10-02
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1
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  1. It was my great grandfather who adopted that saying, I think he pointed to what is something we think is very important, namely we should really work as a family to do things that will have a good impact. But the most important, perhaps not that you're standing in the front line, but that you actually support that these things are happening.

    2024-10-02 · In Good Company with Nicolai Tangen · Chair SEB and Vice Chair Investor AB: Marcus Wallenberg: Family, Adaptability, and Long-Term Stewardship · IDENTIFIED FROM THE TRANSCRIPT · source

  2. I think there are many of the colleagues who actually are quite happy with the dividends that come out of these companies actually go back for a good cause. And for us and the family, it's very important. It helps us to stay Bit closer to what goes on in science and technology to see what is about to come, which I think is when you think about it that you're adapting with a world that is an important input to that equation.

    2024-10-02 · In Good Company with Nicolai Tangen · Chair SEB and Vice Chair Investor AB: Marcus Wallenberg: Family, Adaptability, and Long-Term Stewardship · IDENTIFIED FROM THE TRANSCRIPT · source

  3. No, I would not say so. In these times, I would tell you that democracy is an extremely important thing that we should be guarding carefully. I think about it as two dual tracks from an ownership side being a steward of corporations that we try to work very closely with where we have a financial interest in order to create value over time and develop them be close to them so that we can see that they stay competitive in a very dramatically changing world. On the second track doing what you're saying about the foundations, supporting these foundations who are giving a substantial amount of money to Swedish universities primarily for the betterment of Sweden, which is in turn, I think, helps Sweden as a very small country in the view of this large world to try to stay competitive in certain fields.

    2024-10-02 · In Good Company with Nicolai Tangen · Chair SEB and Vice Chair Investor AB: Marcus Wallenberg: Family, Adaptability, and Long-Term Stewardship · IDENTIFIED FROM THE TRANSCRIPT · source

  4. The fact that we are able to be here as a family, to work together in our family is very important. I think that is perhaps one of the things that we can be proud of that we've been able throughout the generations to do that. I think also that we have the possibility to not only work with companies but also to support research and education. Is an important aspect of what has been done.

    2024-10-02 · In Good Company with Nicolai Tangen · Chair SEB and Vice Chair Investor AB: Marcus Wallenberg: Family, Adaptability, and Long-Term Stewardship · IDENTIFIED FROM THE TRANSCRIPT · source

  5. Well, you know, I think that if you think about 175 years back, you will, of course, very quickly come to such things as dramatic technological change. Going through the time of the steam engine, the electrification, now we have the internet that we just passed. Now we're in the age of AI. The wish and the drive to change for the times is a very, very important aspect.

    2024-10-02 · In Good Company with Nicolai Tangen · Chair SEB and Vice Chair Investor AB: Marcus Wallenberg: Family, Adaptability, and Long-Term Stewardship · IDENTIFIED FROM THE TRANSCRIPT · source

  6. Well, there are many aspects, of course, with that, but perhaps the most important thing, or one of the most important things, would be that you are ready to adapt with the times. I think that is a very important part of it.

    2024-10-02 · In Good Company with Nicolai Tangen · Chair SEB and Vice Chair Investor AB: Marcus Wallenberg: Family, Adaptability, and Long-Term Stewardship · IDENTIFIED FROM THE TRANSCRIPT · source