The average stock in the Barron's portfolio fell 2.7%, compared with a 2.1% decline in the S&P 500 index. Read More...
MarketWatch
This nearly 150-year-old fund hasn’t cut its dividend since 1938. Here are the stocks it likes, and four it doesn’t.
Baillie Gifford, the Edinburgh, Scotland based fund manager best known for tech-sector investments — it’s the number-nine institutional shareholder in Tesla, for instance — also manages an investment vehicle with a far different remit. Its average holding period for an investment is eight years. “Yet over these one hundred and fifty years the world has made immense progress, in everything from the advent and spread of modern democracy, to a dramatic increase in life expectancy and the many benefits of human and technological progress.”
