Baillie Gifford cashed in on Amazon and Tesla before the vast majority of investors. A 33-year partner at the firm breaks down a risk that scares him more than the pandemic — and details 3 stocks he's buying for the new era.

· Baillie Gifford's James Anderson says the end of carbon — illustrated by the historic oil crash in April — will have more lasting implications for the world than the coronavirus pandemic.  
· In an exclusive interview, he explained the investing opportunity embedded in this energy transition and others he sees arising...