Advertising feature from Baillie Gifford

Please remember that the value of investments and any income from them can fall and you may not get back the amount invested. Past performance is not a guide to future returns. Companies reinvesting the profits of steady growth over decades are the unsung heroes of the market, according to James Dow joint manager of the Scottish American Investment Company  Early in his career Warren Buffett bought shares in the failing textile company Berkshire Hathaway. In 1965 he raised his stake to take control, later transforming it into a legendary investment conglomerate. So why does he now call Berkshire Hathaway ‘the dumbest stock I ever bought’? The answer lies in ‘compounding’.

The value of your investment and any income from it can go down as well as up and as a result your capital may be at risk. In half of coronary artery disease cases, the presenting symptom is death. That’s why early detection matters. NHS doctors in England now have a new diagnostic weapon to fight the disease. Used in the US since 2014, HeartFlow Analysis uses artificial intelligence to turn a CT scan of a patient’s heart into an interactive, 3D model. With its help, cardiologists can assess potential problems with the arterial blood supply and decide on treatment.

The value of your investment and any income from it can go down as well as up and as a result your capital may be at risk. When Tom Slater spoke to Amazon employees 15 years ago, he wanted to know how the company was planning to improve the retail experience for its customers. The answer was in taking milliseconds off page-loading times. ‘With payments technologies, what really matters is doing everything you can to drive velocity and volume of revenues for your customers. And there are huge gains to be made from that,’ he says. These kinds of incremental, friction-reducing improvements are key to the efficiency of payment transactions. Traditional banking and payment processors are being outpaced by Amazon, Apple and Google in online payments.