While Fundsmith has had great returns I think a better measure would be how much an investor who invests say €1000 every month for the last 5 years would have now. You can't time markets but there are times when you have to say this valuation is crazy.
The comparison with a Quality fund or say Invesco GARP ETF (Growth at a Reasonable Price) is not so impressive over the last few years
While Fundsmith has had great returns I think a better measure would be how much an investor who invests say €1000 every month for the last 5 years would have now. You can't time markets but there are times when you have to say this valuation is crazy.
The comparison with a Quality fund or say Invesco GARP ETF (Growth at a Reasonable Price) is not so impressive over the last few years