Archive

Terry Smith explains the reasons why he doesn't own bank shares, despite being the once top-rated banking analyst in the City, and points out that having an understanding of banks would make anyone more wary of investing in them.

Terry Smith reveals the warning signs that investors in Tesco ignored and explains why he is unlikely to ever own a retailer in the Fundsmith Equity Fund.

Terry Smith speaks to Morningstar about Fundsmith's strategy of only buying good companies and the importance of compounding.

Terry Smith addresses the question - given that so many investors have had such a bad experience in emerging markets, is there a better way to invest in the developing world?

Terry Smith uses the example of investing in 'Bric' funds to play the theme of emerging markets growth to explain the dangers of making 'no brainer' investment decisions.

Terry Smith explores what can be learnt from the changes in the constituents of the stock market over the past 100 years.

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

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 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.

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 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.

Terry Smith details his ten golden rules for investing, which are designed to help private investors avoid many of the common basic mistakes that people make.

Terry Smith explains what investors can learn from the Tour de France - like cycling, investing is a test of endurance and the winner will be the investor who finds a good strategy or fund and sticks with it.

Terry Smith argues that the City's travails are part of the wider financial crisis which started in 2007. For a historical precedent, go back 80 years he says – but beware the conclusions you draw from the Great Depression.

Investment Week - What is the Spanish word for zombie?

Terry Smith comments on the implications of the Libor scandal on retail banking, arguing that it demonstrates why investment and retail banks must be separated.

Terry Smith argues that David Cameron was right not to agree to the proposed changes to the Treaty of Lisbon at the latest summit, as financial services are a far more vital part of the UK’s economy than they are of any European country.