Smithson

Terry Smith is the fund manager the professionals love to hate. A billionaire, he is in the third and most successful phase of a varied career. He trounced the index for years with a simple mantra of buy good companies, don’t overpay, do nothing.

AJ Bell’s Head of Markets Dan Coatsworth talks the Fundsmith manager about why he’s added the maker of Ray-Ban Meta smart glasses, the world’s largest animal health company, and the return of a business software company to his portfolio.

AJ Bell’s Head of Markets Dan Coatsworth talks the Fundsmith Equity manager about AI, whether he’s concerned about warning signs, and why he believes investors should stick with his fund.