This will become the document that encompasses all the lessons I learned from Terry Smith
I owned Fundsmith for many years and it survived the 2022 bear market, recovering well. Smithson Equity Trust (SSON.L) did not: I lost a lot of money and bailed out of both in favour of Alpha Picks quant portfolio.
Love their slogan: ‘Buy good companies. Don’t over pay. Do nothing.’
I owned Fundsmith for many years and it survived the 2022 bear market, recovering well. Smithson Equity Trust (SSON.L) did not: I lost a lot of money and bailed out of both in favour of Alpha Picks quant portfolio.
Love their slogan: ‘Buy good companies. Don’t over pay. Do nothing.’