Investor Views: "I Want Terry Smith Running My Pension"

Private investor Richard Marsh has concentrated his pension savings to a handful of star fund managers

Emma Simon 12 February, 2018 | 11:22AM

Richard Marsh says his investment philosophy is not too different from his strategy for winning Monopoly. “The trick is to buy what you can and, if necessary, borrow to do so. It seems to me that those who don’t take opportunities when they arise rarely have the most at the end of the game.”

To this end he has always tried to maximise his borrowings when it comes to property, and has invested what he can in the stock market.

Marsh has dabbled in investments for quite some time: “It started when I was a student. At the time I didn’t have much money but I wanted to get more of it. I started reading the Financial Times and looking at shares and funds. I enjoyed it. I qualified as a lawyer but have since worked in financial services as it’s an area that interests me.”

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Finsbury Growth & Income Ord830.00 GBP0.00
Fundsmith Equity I Acc5.02 GBP0.05
LF Lindsell Train UK Equity Acc447.61 GBP-0.02

About Author

Emma Simon

Emma Simon  is a financial journalist, specialising in investment and consumer issues, writing for Morningstar.co.uk

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