~~~ This is Masters in Business with Barry Ritholtz on Bloomberg Radio. BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra special guest. His name is Tom Slater, he’s the head of the U.S. equities team at U.K. firm Baillie Gifford headquartered in Edinburgh. The firm’s been around since 1908. They manage, pick a number, almost $300 billion in assets. They’ve had explosive growth and they are not your typical growth manager. They run concentrated portfolios. He referred to one of the funds they run as growth at an unreasonable price. But it’s worked out really well, that fund is up 112 percent, almost 100 percent more than the S&P 500.