Page 35 - DIY Investor Magazine - Issue 23
P. 35
‘IT IS NOT WISE TO PLAY WITH THE HARE AND RUN WITH THE HOUNDS’
This event demonstrated that it is not wise to play with the hare and run with the hounds, so it was withdrawn from their best fifty.
Fundsmith never featured in the Hargeaves best fifty funds, as apparently Terry Smith would not pay the commission to get this exposure.
You can see from the graphs below that these two funds are worthy of serious consideration to form part of your portfolio. They do mine.
Here’s how they have performed over one, three and five years.
I finish with a quotation made by Richard Nixon. He said,“The voters have spoken – the bastards.”
This seems to me, to be the attitude that is being adopted by many members of our parliament! Best wishes and good investing,
Douglas.
Founder & Chairman
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35 DIY Investor Magazine | Oct 2019
