Scottish Mortgage Investment Trust (LSE: SMT) is a publicly traded investment trust listed on the London Stock Exchange. It invests globally, looking for strong businesses with above-average returns. Scottish Mortgage is managed by Baillie Gifford & Co, the Edinburgh based investment management partnership.
Read more about Scottish Mortgage Investment Trust: History, Dividends, Present Day, Time Line
Famous quotes containing the words scottish, mortgage, investment and/or trust:
“Better wear out shoes than sheets.”
—18th-century Scottish proverb, collected in J. Kelly, Complete Collection of Scottish Proverbs (1721)
“The mortgage is still in our name but, increasingly, the house is theirs. One diaper, one vote.”
—Fred G. Gosman (20th century)
“The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.”
—For the State of Massachusetts, U.S. public relief program (1935-1943)
“I am absolutely sure that a lot of Daddy anger has more to do with unrealized dreams than with messy rooms. Trust me. You’re not really angry at your kids. You’re angry at somebody else, somebody who is a far less distinguished person than he dreamed of being.”
—Hugh O’Neill (20th century)