Derek Stuart, fund manager and co-founder at Artemis, talks with Richard Romer-Lee about disruptive technology, value traps and his fear of letting the side down.
How did you get into fund management? At school, I enjoyed economics and history - I know, it's a bit sad. I did an economics degree and in my fourth year my father suggested a job in finance. I looked at a variety of roles - corporate finance, trading, fund management. Fund management offered the complete package of company analysis but also of creating the portfolio to generate the returns. I looked at three companies - Ivory & Sime and Baillie Gifford, which were premier firms in Edinburgh, and Mercury, the best in London. I took the job with Ivory & Sime. After more than 25 year...
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