Billionaire Terry Smith, often called “the English Warren Buffett,” argues that replicating Buffett’s success is impossible today. He cites Munger’s influence, leveraging insurance float, and Berkshire’s closed-end structure as key advantages. Smith also points to a changed regulatory environment and the dominance of ETFs as barriers.
Oil, inflation and uncertainty: James Knightley breaks down market risks
Geopolitical tensions in the Middle East, particularly concerning Iran, are creating significant market uncertainty and keeping investors on edge. Rising energy costs due to supply
April 7, 2026