The most important thing is not to lose money. The second most important thing is not to forget the first rule.
2010-Present
The most important thing is not to lose money. The second most important thing is not to forget the first rule.
Terry Smith is a renowned British investor and the founder of Fundsmith LLP, which focuses on high-quality, globally diversified equities. He believes in long-term investments in great businesses that are simple, predictable, and have strong cash flows.