He’s been called a fat cat, but Terry Smith says he’s worth every penny of his £16m pay packet. And I agree, says JEFF PRESTRIDGE

 

He’s been called a fat cat, but Terry Smith says he’s worth every penny of his £16m pay packet. And I agree, says JEFF PRESTRIDGE

He says: ‘He’s worth every penny. He’s a great investor. Yes, it’s a large amount – £16.2million … Although some of Fundsmith Equity’s outperformance (especially against Train’s UK Equity fund) is …

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