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Old 09.12.2019, 11:56
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Horatio Gonzales Horatio Gonzales is offline
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Re: Worst Case scenario for Fundsmith owners

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Worst case scenario: Terry Smith turns out to be a Madoff and you lose all your money.

I keep <10% of funds in FS.
Right, so these are the kind of scenarios I'm trying to imagine & hopefully map to a mitigation & in so doing expose unmitigated risks.

In the Madoff scenario you mentioned, I am assuming that regulators have that one wrapped up tighter than the proverbial duck's...no? still a possibility today for FS specifically?
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