“This is not the time to be brave,” Soren Thorup Sorensen, the chief executive of Kirkbi Group said in an interview on Tuesday. He spoke shortly after unveiling a set of results that showed he almost doubled the Lego family’s investment profits in 2019.
“Volatility is at historic highs,” said Sorensen, who manages a EUR 16.4 billion (USD 18 billion) portfolio as the Kirkbi CEO. As a long-term investor, the best response is to “sit still and weather the storm,” he said.
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