The "English Warren Buffett" Dumped Most of His Portfolio, But Bought Big Into These 3 Stocks
Briefly

Terry Smith, known as 'the English Warren Buffett,' founded Fundsmith in 2010. His investment philosophy centers on high-quality, long-term holdings, emphasizing tech-heavy stocks. The Fundsmith Equity Fund has garnered over $20.4 billion AUM and boasts a 14.2% annualized return, outperforming the MSCI World Index. Recently, Smith sold down much of his existing portfolio but notably increased his stakes in three stocks, highlighting his ongoing commitment to investing in promising companies like Texas Instruments, which is set for significant growth in the near future.
Terry Smith's investment strategy focuses on high-quality companies with sustainable competitive advantages, mirroring Buffett's philosophy but with a stronger emphasis on technology.
The Fundsmith Equity Fund has achieved remarkable success with a 14.2% annualized return, outperforming the MSCI World Index which saw 11.5% annual growth.
Read at 24/7 Wall St.
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