Smithson’s shares are up more than 50% since it floated in October 2018 and its share count has risen 52%. It’s now approaching £2bn in market cap and it’s already become one of the 20 largest UK investment trusts.Smithson Closes In On £2 Billion
One of the attractions of the investment trust sector is the way it regularly renews itself, backing its winners and cutting loose what doesn’t seem to work.
Last weekend saw the first Mello Virtual investing conference, concentrating mainly on UK small-caps and trusts/funds. I very much enjoyed the physical version last year and I’d say this one was equally good.
I decided to take up running on my 30th birthday after realising my 20s lifestyle, though not overly excessive, had given me a bit of a paunch.
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