Baillie Gifford's Budden: We are not all about Tesla - and we are not all about tech either

Moving on from Musk and back into the basics of investing

Pedro Gonçalves
clock • 4 min read
James Budden of Baillie Gifford

James Budden of Baillie Gifford

James Budden, director of distribution and marketing at Baillie Gifford, talks to Pedro Gonçalves about the firm’s investment strategy, performance during lockdown and how disruption made opportunities ripe for the picking.

How would you define Baillie Gifford's investment philosophy? We are very much long-term growth investors. And by long term, I mean five years minimum time horizon. When people invest with us, they must realise that is going to be the case. We also look for growth companies; businesses that can double their earnings over that five-year period as a minimum. We are very much bottom-up stockpickers. It is all about companies for us. The macro, interest rates, or geopolitical issues are not of interest to us. How is that reflected in the portfolios? If you look at our portfolios, t...

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