Fundsmith 2018 ASM

Prism

The latest Fundsmith shareholders meeting has been posted on YouTube and is an interesting watch.

https://www.youtube.com/watch?v=vbe5Qo9Hcjg

Good discussions about past performance during the dot com crash and financial crisis, the tobacco industry, cosmetic companies and growth vs income funds.

rathernot

Thank you, by coincidence I was on their website earlier as I'd heard they'd had their AGM but it wasn't on there.

economic

Thanks, this is now by far my biggest managed fund so is of interest.

TBC15

The messiah has spoken once again. I'm truly of the faith, well 33.46% (you have got to keep your options open)

Aletank

Just watched, I was going to move some funds away to another fund as I'm over weight in Fundsmith but I'm not sure now :undecided

Alexland

Is it me or does Terry remind you of Nigel Farage and hasn't Jeff Randall got old?

This is a positive presentation but that's mostly because they are in control of the agenda, etc.

george4064

Thanks for sharing, very interesting.

Alexland

2019 video released today:

https://m.youtube.com/watch?v=d3cRr318ve4

Alex

coastline

Alexland wrote: »

2019 video released today:

https://m.youtube.com/watch?v=d3cRr318ve4

Alex

Thanks for that. Brexit concerns continue to show on several threads on the forum and there's some interesting comments on the subject from 32 minutes.

dividendhero

Alexland wrote: »

Is it me or does Terry remind you of Nigel Farage

Not really, Terry Smith is shrewd fund manager, Farage is just a bell end

TBC15

Not sure about the Gold buckles on the shoes this year. Reason for concern?