Smithson Investment Share Discussion Threads

[qvg] 04/11/2020 13:45

Good to see that. I am a holder of Fortinet, I think a high quality company with good growth potential.

[bezer] 03/11/2020 17:48

Well the October factsheet for Smithson has just hit the internet and the latest purchase is Fortinet Inc. Comments anyone..... Smithson is now 17.2% outperformance YTD against a very impressive 9.9% for the main Fundsmith fund. What a beautiful combination they both are......

[brexitplus] 25/10/2020 10:18

I am heavily into Fundsmith and less so in Smithson. My other big winners are Scottish Mortgage and Polat Capital Technology and S4 Capital, the digital marketing business set up by Martin Sorrel.

[bezer] 21/10/2020 13:08

Mdumont: like you, I hold a lot in Fundsmith and Smithson and I am loving it! For the record I am now looking to build up on Blue Whale Growth (I know it is similar to Fundsmith) because no matter how much I love Fundsmith & Smithson, there is only so much of a good thing I can take! If truth be known everybody got it wrong at inception time for Smithson. There were quite a few people who did not like the Investment Trust format and were spooked by the disappointing performance of FEET. I thought that Smithson was going to be a winner as soon as I saw it but did anybody envisage over 57% in two years?! I think not. The NAV hit an all time high this morning at +3.9% and the share price is currently +3% for October alone. At inception time the back testing suggested that Smithson should outperform the mighty main Fundsmith Equity fund and so far....it has! Oh long may this continue!

[mdumont] 21/10/2020 08:55

Between this and Fundsmith, that's what I've done. Nothing like Woodford, he went wrong when he started investing in non listed companys, took my money out of there as so soon as he started doing that. Anyway, never made so much money sitting back and enjoying life.

[danieldruff2] 19/10/2020 13:48

It's tempting to put everything in here and put my feet up - I bet some people did that with Neil Woodford!

[the juggler] 19/10/2020 13:32

What a great investment this has been to date. Launched 2 years ago (18 Oct 2018) and has grown by 58.5% - a super average of 29%+ per annum. Long may it continue!

[brexitplus] 09/10/2020 10:26

definitely add on weakness

[bezer] 08/10/2020 07:40

The Smithson Share price has just hit a new record this morning and is now +20% YTD. I know a lot of Smithson is in the US but it is worth pointing out that the FTSE is -21.5% YTD. Surely no one predicted how successful this wonderful Investment Trust would be when it was launched just under two years ago?......

[brexitplus] 30/9/2020 10:22

You are correct and I am very happy!!!

[bezer] 30/9/2020 10:18

The Smithson NAV has just broken 50% up from inception. I believe that has never occurred before please correct me if I am wrong). We are still just under 3 weeks from Smithson's second birthday. You can't complain. Congrats to all who got in on day one......

[bezer] 02/9/2020 16:49

Quick Terry Smith Interview on Sky News: hxxps://news.sky.com/video/could-recession-be-followed-by-new-roaring-twenties-12061605

[montynj] 10/8/2020 09:41

Nice to see NAV steadily moving higher

[the juggler] 03/7/2020 21:25

htTps://www.fundsmith.co.uk/news/article/2020/07/02/financial-times---there-are-only-two-types-of-investors Terry Smith in FT yesterday.

[hectorscrackhouse] 20/6/2020 08:28

Terry is not happy with Amadeus htTps://citywire.co.uk/funds-insider/news/amadeus-angers-terry-smith-as-fundraise-shuns-fundsmith/a1364815

[bezer] 18/5/2020 19:58

Some interesting ideas on liquidity between the main fund and Smithson. hxxps://www.moneymarketing.co.uk/news/will-a-terry-smith-backed-investment-trust-be-a-victor-of-the-crisis/

[bezer] 12/5/2020 14:07

Agreed Juggler. It is EVEN more impressive when you examine the latest Smithson Factsheet. From inception (19th October 2018)to 30th April 2020 Smithson Share price did 31.0%. However, during the same period their benchmark index did -4.7%. Check the numbers - it's true! During the launch of Smithson, back testing suggested it 'should' better the main fund - a tough task. So far....it has. Also watch the new investment - Qualys inc.

[the juggler] 12/5/2020 13:34

Hitting an All Time High intraday 1408p. Incredible performance.

[mozy123] 04/5/2020 14:51

Never mentioned Nike before at an AGM. Mastercard, agree he likes it but portfolio already full with that industry. Starbucks - never mentioned that one, but the china comment made me think of it. Lukin coffee also had a fraud "glitch" haha!! Clorox - he started buying, but then covid hit and the share price ran away, and so wasnt able to buy for the fund a full position. Hes often said that if he cant buy a full position then it will be sold. In any event a nice trade, and no his strat hasnt changed, he just couldnt buy any more due to price. Nike and Starbucks are class companies.

[hectorscrackhouse] 03/5/2020 08:11

186 Of course, the same could be said for many a household brand. The investment case must be made NOW though for these more mature companies. aaaah flying, well Buffett has just ditched all his airline stock so he predicts a continuing disaster for that industry. So, they will be desperate to attract steerage punters and upgrade them. lol Enjoy your Sunday

[bezer] 02/5/2020 21:59

Hate to tell you this Hector but if you had banged in a load 20 years ago to either of those companies you would never fly Economy again.

[malcolmmm] 01/5/2020 23:06

Most probably bought into an undervalued like for like company

[smicker] 01/5/2020 21:52

Surely he needs to sell something when he wants to add a new holding in any size?

[hectorscrackhouse] 01/5/2020 19:00

thanks The Furry One. Has he ever mentioned Nike at any meeting????