inflation. inflation, rising interest rates and an increasingly likely recession have two obvious effects on equity investments; fundamental effects and valuation effects. i will try to address each of these in turn as i review the performance of some of our holdings. inflation causes an increase ...
concern due to poor figures and supply chain weaknesses. the fund sold its amazon shares due to concerns over potential capital misallocation and exited adobe for similar reasons. evkaz/istock via getty images dear fellow investor, the table below shows the performance of the fundsmith equity ...