Charlie Macquaker reflects on 34 years at Walter Scott, sharing insights from his early days to recent research trips in China and Sweden, and discusses the enduring principles that underpin the firm’s investment approach.

• Visiting companies and engaging directly with management teams reveals insights that go far beyond desk-based analysis. 
• As the current AI frenzy echoes the dotcom days, why healthy scepticism is vital for effective long-term investing.
• China’s rapid infrastructure and technological development is reshaping the global competitive landscape.
• While the investment landscape evolves, discipline, adaptability, and trust in the research process remain fundamental to success

Listen to the podcast to learn more.

Resources
-          Inside China's chip challenge: On the road in China (article with video)

Can China wean itself off overseas technology and become self-sufficient in semiconductors? Tom Miedema and Michael Scott visited the country to find out more.

The podcast is intended for investment professionals only and should not be construed as investment advice or a recommendation. Any stock examples discussed are given in the context of the theme being explored, and the views expressed are those of the presenters at the time of the recording.