Financial Times - Why I never invest in bank shares
Having spent the first decade of my career working in a bank and then becoming a top-rated bank analyst, I find that people often express surprise that I never invest in bank shares. But I think it is precisely because I understand banks that I never invest in their shares. The recent events surrounding the collapse of Silicon Valley Bank (“SVB”) and Credit Suisse reinforce this stance. Why?
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Fundsmith news
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Fundsmith and Aditum launch UAE Domiciled Feeder Fund
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Beware of Fraudulent WhatsApp Groups
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FundRock announces expansion of relationship with Fundsmith LLP to now include distribution services.
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Terry Smith sponsors junior kickboxing athletes in international competitions
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External news
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Trustnet - Terry Smith’s four things the industry needs to improve on
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RankiaPro - Fundsmith Equity Fund Analysis
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The Market NZZ - Valuation Is Not as Important as Quality
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Which? - Beware of dodgy investment ads on Facebook and Instagram
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Daily Telegraph - Star fund manager Terry Smith: ‘Most investors today are too short-term’
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Terry Smith
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Financial Times - Why I never invest in bank shares
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Financial Times - Who is to blame for the latest pensions debacle?
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Financial Times - There are only two types of investors
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Financial Times - Never let a crisis go to waste
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Money Observer - Fundsmith’s Terry Smith: forecasters are like Michael Fish
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