Terry Smith explains: the free cash flow yield

Timestamps:
00:00 Intro
01:42 I will only buy a company if I could get a free cash flow yield of 5% or more
06:00 Why is it possible to sometimes buy quality companies at good prices
08:15 Taking high risks, will not provide high returns
11:22 Gold ETF's
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[@chrisnash9571]

I think this is about 10 years old. The US 10 yr bond is now yielding c.3.6% and Fundsmith Free cashflow yield is c3.2% (at the start of 2022 it was 2.7%)

[@Aubatron]

Yeah, and the bond yield is still below the rate of inflation.

[@davidm1436]

This is amazing content. Do you know where I could find the whole video? I'd love to watch it in full.