About Terry Smith

⭐ Born: May 15, 1953
📍 Residence: Mauritius; Hometown: London, UK
📈 Investment style: Quality investor (buy & hold)

His fund Fundsmith Equity

👥 Management: Terry Smith (Chief Executive & CIO),
Julian Robins (Head of Research),
Mark Laurence (COO),
Simon Godwin (CCO & CFO)
📃 Founded: 2010
🏢 Headquarters: London, UK
⚙ Industry: Investment company

Return from Smith

• Portfolio manager Terry Smith is widely regarded as one of the UKs best stock pickers. His track record (he turned £10,000 of investor money into £58,380 in less than 10 years) is so impressive that hes been dubbed the "British Warren Buffet."
• It achieved a total return of more than 483 percent , beating the MSCI World as an established benchmark by more than twice.
• Fundsmith Equity Fund is the largest fund in the UK.

His life

Early years and education

Terry Smith, born on May 18, 1953 in London, is a prominent figure in the global financial sector. His career began after graduating with a history degree from the University of Sussex in 1974. Smith gained initial experience in equity trading at Barclays Bank, where he quickly attracted attention for his outstanding skills. These early years laid the foundation for his impressive career as a fund manager.

Road to success: The trading years

Smiths path to success gained momentum when he took over as head of the UK division of Tullett & Tokyo Securities in 1992. In this senior trading position, he was able to deepen his expertise and establish a reputation as a competent and successful manager. During this time, Smith was already developing an unconventional approach to the financial markets, which would later become a hallmark of his investment philosophy.

The founding of Fundsmith: A new era begins

In 2000, the founding of Fundsmith marked a turning point in Terry Smiths career. He decided to establish an independent investment firm focused on long-term investments in high-quality companies. Smiths philosophy, known as "buy and hold," focuses on companies with sustainable competitive advantages. This clear and consistent investment strategy proved highly successful, making Fundsmith one of the fastest-growing investment firms in the UK.

The success of the Fundsmith Equity Fund and Smiths influence

Fundsmiths most well-known fund, the Fundsmith Equity Fund, achieved impressive returns under Terry Smiths leadership. Smiths strategy of investing in a limited number of companies characterized by sustainable competitive advantages proved highly successful. Smith himself became known not only for his financial successes but also for his outspoken and often controversial opinions in the financial world. His books, including "Accounting for Growth" and "Investing for Growth," cemented his reputation as an outstanding thinker.

Philanthropy and Legacy

Beyond his career as a fund manager, Terry Smith is also actively involved in charitable causes and education. His influence extends beyond the financial markets to include social projects and philanthropic initiatives. Smiths lifes work reflects not only financial success but also a profound impact on the world of finance and social responsibility. His legacy extends beyond Fundsmiths success and remains as a guiding light for future generations in the world of finance.