Investing for Growth: How to Make Money by Only Buying the Best Companies in the World – an Anthology of Investment Writing, 2010–20 - Terry Smith (Highlight: 185; Note: 0)
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◆ Foreword by Lionel Barber
▪ What Terry has taught me, and I suspect many others, is that there is little to be gained from venturing into the speculation business.
▪ I have little to contribute to the debate about the return of inflation. I would merely add that, in the spirit of Sir Isaac Newton’s third law of physics, at some point the extraordinary actions of the central banks must produce an opposite (if not necessarily equal) reaction.