- Breaking down the drivers of star fund manager Terry Smith's excellent performance
- Why quality investors are right to be worried about a bubble
- Round-up analysis of eight companies
One of the biggest problems that has faced investors in recent years is how much to pay up for the shares of quality growth businesses. With hindsight I have been bad at recognising how much you can pay - quite a lot is the answer - for quality and dependable growth in a low interest rate world.
The alternative view is that shares are overvalued and quality growth shares are in a bubble.