Archive

Terry Smith discusses the reasons why Fundsmith avoided investing in IBM in 2010 and the problems with share buybacks.

Terry Smith points out why most investors are their own worst enemy and the dangers of groupthink.

Terry Smith assesses whether shale is the 'miracle' it has been described as, or something that investors are far from certain to make money from.

Terry Smith uses the example of Microsoft to discuss why it is important to stick to the facts when it comes to investing.

Terry Smith applies Peter "Yogi" Berra's famous witticism of “It’s déjà vu all over again” to the investment industry, pointing out how many dubious investment products have been sold before.

Terry Smith shows why investors should be willing to pay more for quality businesses due to the power of compound interest. Understanding its effects is essential to success in investment, yet it remains a mystery for many people.

Terry Smith reveals the words that management team's use to befuddle and explains why a company's management being straight talkers can be a positive indication for investors.

S&P Capital IQ Fund Research announced today that it has maintained its Gold grading of the Fundsmith Equity Fund.

Terry Smith, who launched and manages the Fundsmith Equity Fund, has been awarded a AA Rating by Citywire.

Terry Smith argues that many investors are sacrificing all of their income and more to investing charges and suggests a ways of reducing or avoiding these costs.

Terry Smith says that investors should beware of ‘diworsification’ and explores the negatives to owning too many stocks in a portfolio.

Terry Smith points out that people who invest just to avoid tax often fail to look as closely as they should at fee structures and would be better off putting money into something they really want to own.

Terry Smith explains what he means by investing in 'good companies' and argues that Warren Buffett was right when he said that return on capital employed is the best way of assessing the performance of a company.

Terry Smith states that in deciding whether Britain want to be part of the EU, voters should ask themselves whether or not it is advantageous to the UK to be part of that trading bloc.

Terry Smith writes that trying to time markets can achieve the opposite of what is desired and points out that there are only two types of investors – those who know they can’t make money from market timing, and those who don’t know they can’t.