Buy good companies. Don?t overpay. Do nothing. Some people love to make successful investing seem more complicated than it really is. In this anthology of essays and letters written between 2010?20, leading fund manager Terry Smith delights in debunking the many myths of investing ? and making the case for simply buying the best companies in the world. These are businesses that generate serious amounts of cash and know what to do with it. The result is a powerful compounding of returns that is almost impossible to beat. Even better, they aren?t going anywhere. Most have survived the Great Depression and two world wars.