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Podcast: The John Johnston Lounge
Episode: Fundsmith’s Terry Smith: Why I Never Invest in Banks!
Description: I discuss the reasons why investor and Fundsmith fund manager Terry Smith doesn’t ever invest in bank shares, even though he’s an expert banking analyst.Related episodes:Playlist: Banking Crisis of 2023 - Bank Investinghttps://youtube.com/playlist?list=PLrNjj1l3MS7U__0khQp2P80FTAEgYFaFnUsing a referral link below helps support the pod, thanks!Terry Smith’s book, Investing for Growth: How to make money by only buying the best companies in the world (refferal link) https://amzn.to/40c1slY<...