HLMAF - Recent Findings From Smithson's Portfolio
Source: Online.
Overview
Since my encounter with Fundsmith, I have kept my close eye on Terry Smith's portfolio. The "British Warren Buffett" has consistently beaten the market index through his flagship global equity fund based on the simple ODD strategy (i.e., Only buy good companies, Don't overpay, and Do nothing). I believe that Terry Smith's picks can be a valuable source of stock ideas for those long-term value/quality-focused investors.
Smithson Investment Trust, Terry Smith's third "investment projects," was a hit last year. The fund focuses on small-cap, mid-cap, and relatively small-sized large-cap companies in