Terry Smith: “The problem is most people don’t read the accounts”
Investors' Chronicle
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Investing in a Private Company
Many investors believe that we now to own private companies to do well, because companies are staying private for longer. Do you share this view or other? Enough opportunities in public markets for the foreseeable future, i think that are enough. Utis a public markets i don't think you've got to own private company in order to do this. Othing onin private companies is intrestig because everything is public, obviously. And e thein only he private company. But if you said me on terrywor let's imagine that the fun smith was a close in fund as o to morrow, and you could own some private companies - what ones would you like to own?
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