Algy's Investment Podcast

Terry Smith - Compound Interest

Oct 2, 2023
Guest
Terry Smith
Terry Smith discusses the power of compound interest and the value of reinvesting profits in businesses. He emphasizes the importance of return on capital employed, diversification with around 20 companies, and a patient, low turnover strategy. Smith also talks about analyzing original financial statements over adjusted numbers, maximizing returns, evaluating investments, and the importance of extensive learning before investing.
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Episode notes
1
Intro
00:00 • 2min
2
Exploring Return on Capital Employed and Diversification in Investment
02:23 • 2min
3
Investment Strategy and Sector Selection
04:00 • 7min
4
The Significance of Analyzing Original Financial Accounts vs. Adjusted Numbers
10:37 • 3min
5
Maximizing Returns and Evaluating Investments
13:13 • 18min
6
Importance of Extensive Learning Before Investing
30:51 • 4min