Investor who's up more than 50% this year says to identify next-gen companies and stick with them

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For subscribers: Investor who's up more than 50% this year says to identify next-gen companies and stick with them. Check out CNBCPro for a free trial.

Tesla Inc CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020.

Baillie Gifford's market-beating approach for its long-term global growth strategy is simple: identify resilient companies addressing big opportunities and stick with them through the ups and downs.

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