Terry Smith bemoaning index funds, plus all the week’s good reads…
2026
The steps required to achieve financial freedom are not a secret, but you still need to climb them to get there
What caught my eye this week. Despite all the noise about US mega-cap tech shares and the gloom around the moribund UK economy, London’s FTSE 100 index beat the hallowed US markets in 2025: ((Graph below shows 12 months to 2 January 2026. Date ranges are a pain in Google these days, but I’m still [...]