Famous Quotes from Terry Smith

1. "Index investing is only passive in that there's no fund manager involved — it's actually a momentum-based strategy."

2. "We spend most of our time thinking about things that drive our companies – did you brush your teeth this morning, what are you drinking, what's your medical condition?"

3. "Show me the incentive and I'll show you the outcome."

4. "If you want to try timing the markets, feel free, but that's not what we do – we have no clue how to do it, which I think is an advantage."

5. "Nobody ever achieved anything by being reasonable – you have to be unreasonable. If you realize something is possible, you become totally unreasonable until it happens."

---

Source: ValueInvest.Wiki