In this Motley Fool podcast, Andy Cross interviews Tom Slater, head of U.S. equities at Baillie Gifford, about long-term investing, finding exceptional growth companies, and managing volatility. Slater emphasizes the importance of identifying companies with significant growth potential and holding them for the long term, rather than being swayed by short-term market fluctuations. He highlights the need to focus on a company's culture, leadership, and long-term vision, using examples like Amazon and Tesla to illustrate his points. Slater also discusses Baillie Gifford's allocation strategy, which prioritizes opportunities over traditional sector or regional divisions, and touches on the significance of founder-led companies in driving innovation and adaptability.
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