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Terry Smith: “The problem is most people don’t read the accounts”

Investors' Chronicle

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Buffet's Asset Strategy

Ande: We're pretty similar to what he was historically r but i suppose, let me make it absoute clear, i'm not being critical enough of him. He reminds me of that great quot from may west, theth war time sot of actress and and pinna, who said, i was snow white, but i driftedan you. Now, some of the stuff that he's bought in recent years doesn't really fit through what his his previous strategy, which afr would have allowed, essentially. Whereas i think he's got people working with he money to be harf now weve got a wide mannate.

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