This podcast episode explores the shift from an era of abundance to an era of limitations in terms of capital supply, natural resources, and trust. It highlights the importance of financial discipline, adaptability, and supply chain challenges in the current economic climate. The impact of global supply chain disruptions is discussed, along with the role of technology in providing solutions. The pricing power of companies like Netflix and Shopify is examined, as well as the challenges faced by incumbents in the electric vehicle industry. The importance of adaptability for growth investors is emphasized, along with the need for companies to address environmental challenges. Baillie Gifford's adaptability as a company and their tools for long-term investing are also discussed, along with the focus on growth investing and market inefficiencies.