Tech stocks won’t collapse according to fund manager, known as Warren Buffett – MarketWatch

Tech stocks won’t collapse according to fund manager, known as Warren Buffett – MarketWatch

Tech stocks are hard to value but are unlikely to collapse, according to one of Europe’s best-known fund managers. Terry Smith, nicknamed Warren Buffett in English because of his approach to investing, wrote a letter to investors asking if companies like Facebook should be considered a communications or technology services company. The Fundsmith Equity Fund’s […]
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