Three Growth Ideas that might change the world 

Baillie Gifford & Co has been an active growth investor since 1908. Analysing historic stock-market returns show two things. First, that a few mega-trends deliver huge addressable markets; second, that returns accrue to a small number of outlier companies who harness those trends. For example, Ford’s dominance in Autos, Apple’s in mobile devices, TSMC’s in semi-conductor manufacturing and today Amazon and Shopify in e-commerce.

Where do investors hunt next for the dominant disruptors? Three Growth Ideas that might change the world will show that the stock-market is throwing up the opportunities for the next decade and beyond. By observing history but keeping the future front of mind, we can think about where the next trillion-dollar companies might be found.

John Carnegie, Partner, Baillie Gifford & Co

John joined Baillie Gifford in 2006 and is a Director in the Clients Department with particular responsibility for Global Alpha clients. He is a member of the CFA Institute and the CFA Society of the UK. John became a Partner in 2017. Prior to joining Baillie Gifford, he spent ten years working as a Sell Side Equity Analyst for Credit Suisse, Citigroup and ABN Amro. John graduated BA in Sociology from the University of Durham in 1994 and MLitt in Management, Economics and Politics from the University of St Andrews in 1995.