we noted that despite the generally poor share price performances, the revenue growth of our portfolio was strong, bordering on very strong at some of our companies, albeit we noted prophetically that we might well be concerned about their ability to replicate this performance over the next coupl...
" which brought to my attention the wisdom of Fundsmith and its founder Terry Smith. Based in London, Fundsmith mainly manages two equity funds (i.e., one focused on the total global market and one on the emerging market), both of which are concentrated in the small ...