Billionaire Terry Smith, "the English Warren Buffett," Is Selling Meta Platforms and Microsoft and Buying This Stock That's Trouncing the Market in 2025
It's not too late to buy into the latest addition to Smith's hedge fund portfolio.
Terry Smith built his hedge fund Fundsmith with a simple three-step strategy: "Invest in good companies, don't overpay, and do nothing." It's the simplicity, patience, and long-term thinking that has earned Smith the moniker, "The English Warren Buffett."
But doing absolutely nothing is harder than it looks. Even Warren Buffett tweaks a few things in Berkshire Hathaway's equity portfolio most quarters. And while Smith prefers to hold on to his top investments forever, sometimes he has a good reason to sell. Most of the time, though, he's able to find another great business to buy at a fair price. Then comes the tough part of doing nothing.
The first quarter of 2025 pushed Smith to sell off portions of two of his largest holdings in the fund: Meta Platforms (NASDAQ: META) and Microsoft (NASDAQ: MSFT). With some of the capital raised from the sales, he reestablished a position in a stock that's been trouncing the market in 2025.
