Synopsis
Buy good companies. Don't overpay. Do nothing.
Some people love to make successful investing seem more complicated than it really is. In this anthology of essays and letters written between 2010–20, leading fund manager Terry Smith delights in debunking the many myths of investing – and making the case for simply buying the best companies in the world.
These are businesses that...
Details
27 October 2020320 pages
9780857199010Imprint: Harriman House
Reviews
Can dynamite be reassuringly explosive? This book certainly is. Terry Smith has had plenty to say about the stock market in the last ten years and, like his funds, he’s been bang on the money all the way through.Jonathan Davis Editor, The Investment Trusts Handbook
What sets him apart is not just his formidable winning streak, but the principles on which he has chosen to take a stand … Terry has always put his money where his (considerable) mouth is.Lionel Barber, Editor, Financial Times (2005–2020)
His essays are readable, easy to digest and refreshingly light on techno-babble. They will help you understand why some companies have durability while others, ostensibly doing well, suddenly disintegrate.Jeff Randall, Presenter, Sky News (2007–2014)
I could dispute something on around half of Smith's pages - we've been bickering about fees for at least a decade. But I hugely admire his concentrated conviction-led, growth-focused approach, and, oh yes, his fund has done wonders for my self-invested personal pension. So I'm still reading every page.Merryn Somerset Webb, MoneyWeek ('Five books to put on your Christmas list')
