Nick Train believes portfolio's biggest loss-maker has bright future

PayPal is in 'strong position'

Lauren Mason
clock • 3 min read
Lindsell Train's Nick Train
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Lindsell Train's Nick Train

E-commerce giant PayPal’s 26% freefall after its results were released earlier this month is not reflective of the firm’s prospects, according to Lindsell Train’s Nick Train, who has a 3.7% allocation to the company in his Lindsell Train investment trust (LTIT).

In his latest monthly report, Train said PayPal was the portfolio's biggest faller during the month of February, despite the fact it "possesses significant structural advantages" such as the compou...

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