Risk VS Reward: Career Lessons from Terry Smith CEO of Fundsmith

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  • Опубликовано: 23 ноя 2024

Комментарии • 62

  • @tomzqy1029
    @tomzqy1029 24 дня назад +1

    我是一名来自中国的研究生,也是一名独立投资者。我的投资方法深受Terry的影响,感谢作者能分享这段播客,我学到很多。我还很年轻,如果以后能在资产管理方面取得成功,希望这辈子能见到Terry一次,当面感谢他!

  • @ruster719
    @ruster719 Месяц назад +16

    Great interview, Terry is always very entertaining but you have to ask the right questions!

    • @thefinancialplannerlifepodcast
      @thefinancialplannerlifepodcast  Месяц назад +2

      @@ruster719 we were lucky to get him for this type of interview glad
      You enjoyed it, what other big names would you like to see on the podcast?

    • @ruster719
      @ruster719 Месяц назад +1

      @@thefinancialplannerlifepodcast I think in some ways you have peaked to soon. Perhaps Hugh or Ben from Evenlode, Sebastian from Troy, Anthony Kingsley from Findlay Park.
      ?

  • @AmitAujla20
    @AmitAujla20 Месяц назад +10

    Enjoyed listening to this interview! This is one of the few interviews in which Terry has covered the entirety of his career. Thanks for conducting the interview and sharing the output. 😊

    • @thefinancialplannerlifepodcast
      @thefinancialplannerlifepodcast  Месяц назад +2

      @@AmitAujla20 he told us that lots of big names have been trying to get him to share his career journey like this, we are Lucky to get this opportunity!

  • @CameronFussner
    @CameronFussner Месяц назад +53

    Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

    • @AlfredWilliams-ki6ri
      @AlfredWilliams-ki6ri Месяц назад +4

      Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin ,While also continuously learning from mistakes and improving

    • @CharlesArthur-fq5sx
      @CharlesArthur-fq5sx Месяц назад +4

      Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, and save for retirement.

    • @williamDonaldson432
      @williamDonaldson432 Месяц назад +2

      After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks.

    • @foreverlaura-fq4eu
      @foreverlaura-fq4eu Месяц назад +1

      Market behaviour can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?

    • @williamDonaldson432
      @williamDonaldson432 Месяц назад +1

      The decision on when to pick an Adviser is a very personal one. I take guidance from Annette Marie Holt to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

  • @Stupot2024
    @Stupot2024 Месяц назад +5

    Nice open questions and let the interviewee speak. Too many so called journalists like the sound of their own voice and want to interrupt and challenge without allowing for an answer. Well done mate!

  • @JACKSAROWW
    @JACKSAROWW Месяц назад +11

    I am actually surprised how amazing Chris was at podcasting and interviewing, probably the best interview I have seen on the pod, the guest spoke the majority of the time and really allowed an extraction of information for the viewer. Would like to see Chris do more pods, think you'd be amazing at it.

    • @thefinancialplannerlifepodcast
      @thefinancialplannerlifepodcast  Месяц назад +2

      Great feedback. Well you are in luck, he’ll be a regular interviewing senior leaders in FS

    • @ArtyRP1
      @ArtyRP1 Месяц назад +2

      Completely agree, I really like the guy although first time seeing him

    • @spicetraderz
      @spicetraderz Месяц назад

      Obviously …​@@thefinancialplannerlifepodcast

    • @spicetraderz
      @spicetraderz Месяц назад

      Obviously he will state the obvious without needing to say it but qualifying it with “obviously “ , obviously .@@thefinancialplannerlifepodcast

  • @cholpondjanuzakova8297
    @cholpondjanuzakova8297 Месяц назад +3

    I really enjoyed watching this interview. he showed his real character, sense of humour which was refreshing.

  • @Irnest
    @Irnest Месяц назад +2

    Great interview. I’ve listened to a lot of Terry Smith interviews but haven’t heard such a nice summary of how he started - with the comments about management and leadership. Very good, thank you !

  • @HoxtonLife
    @HoxtonLife 26 дней назад +1

    Loved this episode!!!

  • @alexfrog9191
    @alexfrog9191 Месяц назад +3

    Great interview, asking him a few less common questions was inspired, otherwise he can tend to stick to saying the same old thing. Jim Rogers is another one, great character and interviewee, but when asked unoriginal questions he’ll give answers that are literally word for the word identical to each of his last 20 interviews.

  • @dariodistefano1189
    @dariodistefano1189 Месяц назад +3

    Great interview, thank you.
    One great person and investor you could interview would be John Porter! Such an intelligent person.

  • @Bunjee77
    @Bunjee77 Месяц назад +5

    Terry Smith. What a legend

  • @emcdt1461
    @emcdt1461 Месяц назад +6

    Enjoyed this. Thanks for sharing

    • @thefinancialplannerlifepodcast
      @thefinancialplannerlifepodcast  Месяц назад +1

      @@emcdt1461 pleased you liked it, who else would you like to see?

    • @thefinancialplannerlifepodcast
      @thefinancialplannerlifepodcast  Месяц назад +1

      @@emcdt1461 you’re welcome!

    • @emcdt1461
      @emcdt1461 Месяц назад +2

      @@thefinancialplannerlifepodcast I'll be honest, this was my first time on the channel and so I'm not familiar with your material. That said, I took a quick look at your other vids and I see a lot of good stuff here. I'd say just keep it up!

  • @SherzotAzimov
    @SherzotAzimov 9 дней назад

    Awesome episode!

  • @varunjain5789
    @varunjain5789 21 день назад +1

    WONDERFUL !

  • @CL-ws6ki
    @CL-ws6ki Месяц назад

    This was a legit awesome interview,

  • @coderider3022
    @coderider3022 Месяц назад +1

    Great to listen too. Would invest but fees too high.

  • @SamuelSWeber-es3pp
    @SamuelSWeber-es3pp Месяц назад +4

    Monish Pabrai also did both...

    • @thefinancialplannerlifepodcast
      @thefinancialplannerlifepodcast  Месяц назад +1

      Will
      Check out

    • @AmitAujla20
      @AmitAujla20 Месяц назад +2

      Mohnish Parbai founded Transtech. Then sold part of his company and used the proceed to set up a investment fund. Then sold all of Transtech. Chapter 1 of William Green’s Richer, Wiser, Happier book cover Mohnish’s story perfectly. It’s also a book well worth reading for anyone interested in learning timeless lessons from some of the world’s best investors.

  • @adrianeduardo6222
    @adrianeduardo6222 Месяц назад

    amazing, thanks!

  • @MRWTrades
    @MRWTrades Месяц назад +2

    Terry, another History graduate...Wow, maybe my degree wasn't pointless after all..

  • @deephonik
    @deephonik Месяц назад +2

    it's Buffett, not Buffet ;-)

  • @kunverjihirani276
    @kunverjihirani276 Месяц назад +2

    👍😊🙏

  • @davidc4408
    @davidc4408 Месяц назад +3

    His networth?

  • @MARTINA-gc3tq
    @MARTINA-gc3tq Месяц назад

    Fees…charge lots of fees.

  • @MrErnestCC
    @MrErnestCC 14 дней назад +1

    Fundsmith is seriously lagging behind the sp500 the past year. Disappointing, a monkey could have picked better stocks

    • @BM_100
      @BM_100 13 дней назад

      Exactly
      These people aren't as smart as they think they are but yet make millions more than other smart people

  • @spicetraderz
    @spicetraderz Месяц назад

    If the interviewer says "obviously " one more time ......... !

  • @NGE0001
    @NGE0001 Месяц назад +1

    Typical Boomer. Things getting a bit hard, run away

  • @johnstewart1814
    @johnstewart1814 Месяц назад +1

    He sold Amazon at the wrong time! Maybe trade less!

    • @AmitAujla20
      @AmitAujla20 Месяц назад +1

      Terry’s previously explained he sold the fund Amazon position due to Andy Jassy’s comments on expanding further in the food market.

    • @bitTorrenter
      @bitTorrenter Месяц назад

      ​@@AmitAujla20 Everyone needs food

    • @AmitAujla20
      @AmitAujla20 Месяц назад

      @@bitTorrentereveryone needs food but the margins of Amazon fresh aren’t great or a massive mover in the needle. Also majority of consumer prefer to buy food in store and not online; this tend isn’t decreasing either. Terry done a podcast with interactive investors recently where he explains it. Worth a listen.