Talking success with Terry Smith

[@BradKaellner]

That Terry Smith is a straight shooter... love it!

[@varunjain5789]

Always a learning experience listening to Terry !

[@emiliojosegomezcortina2107]

Great masterclass. Thanks for sharing it!

[@DimensionRIFT]

Some absolutely fantastic information in here. More people need to see this. Thank you so much for sharing this video with us.

[@festerarl6653]

Such a great communicator. He talks such sense with so little bull***t. On another forum there have been questions asked - and almost a 'group think' - to move out of Fundsmith. Hearing this interview reinforces my belief that there's 'a lot of life left in the old dog yet'. One thing that wasnt discussed was 'size' of the fund. Terry does state elsewhere that this does impose some limitations on Fundsmith Equity but there's still plenty of scope for the fund, and if you want to go down the cap size then this is here Smithson comes in.

[@barrygowdy3806]

A great investor with a consistent long track record. Investors have done well investing with Terry

[@beebobley9464]

Always great listening to Terry. Would love to hear him on Capital Employed Podcast talking about some of his favorite stocks.

[@ElenaVishnevskayaAEGConsulting]

Thank you CG, and Mr. Smith. Greetings from Toronto, Canada 🇨🇦

[@karamsulaiman6605]

This was truly brilliant!!!

[@Michael.design]

The new investing oracle.

[@johndoh539]

I was hoping Terry would talk about the size of the fund now and if it could hinder future performance. And if a potential limit could be put on the size of the fund in future. But yes, I love listening to him and have no hesitation in trusting the team with my money.

[@bighands69]

Size of a fund does not hamper performance because they can hold as many positions as they would like. It is different from company that is listed trying to buy positions in other companies.

[@johndoh539]

bighand69, with all due respects I disagree.Fundsmith will not hold as many companies as you like. Terry has said it will only be 25 to 30 companies, and with the fund being 28 billion, he couldnt buy a billion poundsworth of a small company without its shareprice rocketing. Also if he did buy a few million poundsworth of a small company, no matter how well it performed it would not affect the fundsmith price much. Thats why I feel we are tied to the giant companies only. Elephants dont gallop !

[@DaviMourao]

He has talked about the size of the fund elsewhere... In the US you have mutual funds with over $100b, so the present size of the fund is not something that worries him right now.

[@pw3591]

Brilliant interview !! (apart from the bloody PC bleeping every 10 seconds !!)

[@AlessandroOrlandi83]

Very interesting video!

[@alexk3948]

Really enjoyable but Terry has a typo on slide 25 - should say '96 not '86

[@fundhunter7172]

We all make mistakes I guess! But interesting that in the presentation he was lambasting a few companies for making mistakes and there is one in this presentation. Generally, most stuff has an error in it somewhere if you look hard enough.

[@mikeyknowles1000]

a typo is a bit different to a mistake in a companies accounts!

[@inversionautodidacta]

todo un lujo siempre, love it!!

[@youputallprofessorstoshame5755]

Yes. He has actual experience of running companies which has a mantra of churn and burn ( Tullet Prebon, Collins Stewart) to earn OTC commissions and cuts and even incentivising for volume,which pressurised self -employed brokers to increase sales through spiel , ( fictitiously or not) and ideas. Now it’s his own money . A completely different story.

[@thelastsamuraiRonin]

Audio is not clear

[@arnabbhattacharya6579]

Can you guys do a session with Saurabh mukherjea of Marcellus investing in India. I think it's going to be worth the effort. Thanks.

[@Monopolist91]

Are the slides available somewhere?

[@canaccordgenuitywealthmana8844]

You can read a summary of the webinar here: www.canaccordgenuity.com/wealth-management-uk/news-and-insights/talking-success-with-terry-smith/

[@vrobinpal]

56:30 So did the British take that from India or did Indians get it from the British?

[@bluegtturbo]

Can't help wonder though if he will be the next Jayesh Manek or Neil Woodford. Remember them?

[@erlendolsen7172]

Jesus. Sort out your USB peripherals man!

[@treaher]

This guy makes a the world a sick planet.

[@pw3591]

??

[@treaher]

As an investor with many shares in Unilever he is lobbying to stop Unilevers green goals to save the planet.