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Terry Smith

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

A cardboard cutout depicting Berkshire Hathaway CEO Warren Buffet during a shareholders shopping day ahead of the Berkshire Hathaway annual shareholders meeting in Omaha, Nebraska, US, on Friday, May 2, 2025. CEO Warren Buffett might offer thoughts on the direction of earnings at the May 3 annual meeting. Photographer: Dan Brouillette/Bloomberg

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

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