Dod101 wrote:James Anderson's comments on Warren Buffett have got a two page spread in the Times this morning and picking up Lootman's theme, Anderson commented that it was profoundly depressing that he could find so few British companies to invest in. SMT has only one UK investment, Transferwise, an unlisted money transfer business based in London.
Apparently the value of the entire universe of UK listed companies is now less than Amazon and Alphabet combined. I am not knocking the UK just mentioning what is in the article.
Of course not all of us are looking for growth companies but clearly for many this is the only way to go. If I were working and building a nest egg for future retirement I know that I would not be building it through setting up a HYP!
Dod
I'm looking for somewhere to (re) park 5% or so of my investment pot and SMT always appeals and is one I held before and sole at the start of "the drop" assuming it would go the same way big-time so took a decent profit from holding for a very short time.
Must admit I'm tempted to take another look as it does seem to have weathered recent events almost too well.
Then again you could probably say that about almost anything from Baillie Gifford.