Fundsmith annual shareholder meeting 2020

I discovered this shareholders meeting last year and I was willing to review it in detail. Below some notes. First 33 minutes is the formal presentation, after that Q&A. The link to the letter to shareholders: https://www.fundsmith.co.uk/docs/default-source/analysis—annual-letters/annual-letter-to-shareholders-2019.pdf?sfvrsn=6 Minute #10: Why they sold 3M on the one hand, 3M sold its ceramic bulletproof business unit at … Read more