Terry Smith

TERRY SMITH IS THE CHIEF EXECUTIVE AND CHIEF INVESTMENT OFFICER OF FUNDSMITH LLP

A cardboard cutout depicting Warren Buffet during Berkshire Hathaway's shareholders shopping day on May 2. Buffet managed to compound the Berkshire share price at 20% a year from June 1965, a rate twice that of the S&P 500, a fantastic record.

There won’t be another Warren Buffett because no one will have his advantages

The world is moving in the opposite direction to Berkshire Hathaway