Market falls are never a whole lot of fun, but one of their more useful attributes is that they provide the opportunity of indiscriminate markdowns on otherwise excellent assets.

As you read through my notes, you might conclude that Edinburgh Worldwide Investment Trust (EWT) sounds a lot like Scottish Mortgage Investment Trust. This  is not coincidental, because they share the same management company (Baillie Gifford). Like Scottish Mortgage, EWT invests in cutting-edge companies...

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