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)
“Loosened from the minor’s tether;
Free to mortgage or to sell,
Wild as wind, and light as feather
Bid the slaves of thrift farewell.”
—Samuel Johnson (1709–1784)
“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)
“Always seek the general and never quite trust it.”
—Joseph Epstein (b. 1937)