After 2240pc run, Tesla visionary leaves a precarious legacy

The tech stock meltdown has left Scottish investment manager Baillie Gifford bleeding assets this year, losing a staggering $170.7 billion by the end of June.

Loukia Gyftopoulou

Aug 23, 2022 – 1.53pm

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For years, he rode the likes of Amazon.com and Tesla to the moon, earning a reputation as the techno-visionary oracle of Edinburgh. Now, James Anderson, bull-market hero, has left behind a precarious legacy.

It’s been three months since Anderson, 63, retired from Baillie Gifford, the century-old Scottish money manager he transformed into an unlikely power-investor in global technology. Awkward timing, to say the least.

Bloomberg Wealth