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The Investor
What caught my eye this week. This week saw Rotork and Gooch and Housego fall… No, not to the sharp blades with silver-studded hilts of Odysseus in Christopher Nolan’s epic new blockbuster, despite their funny names. Rather, they’ve fallen to takeovers. The Great British boot sale continues. High-end engineer Rotork has been bundled into the [...]
What caught my eye this week. I suspect that in a few years, Terry Smith’s latest letter to investors in his once-beloved and all-conquering Fundsmith Equity Fund will be remembered as either a momentous pivot to rank alongside Dylan going electric at the Newport Folk Festival, or else a professional suicide note. Since launching the [...]