Are UK shares a bargain or a basket case? Nick Train has been an investment manager for more than 40 years and is renowned for sticking with his choices even if markets go against him. The man who’s been dubbed the UK’s answer to Warren Buffett tells host Claer Barrett why he has faith that shares in unloved UK companies will bounce back, even after years of underwhelming performance. Plus, he reveals why he seized the chance to secure a significant stake in Manchester United and why he’d like more young people to ditch sports betting in favour of having a flutter on the stock market.

Free links:

Nick Train says UK equities could stay cheap ‘for a very long time’

Lindsell Train suffers as consumer bets fall flat

Nick Train ups his stakes in Pearson and Manchester United

And if you’d like to join our live recording in Bristol on November 16:

https://www.bristolideas.co.uk/attend/money-clinic-with-claer-barrett/

If you’d like to talk to Claer about a future episode, please email the Money Clinic team at money@ft.com with a short description of your problem and how you would like us to help.

Follow Claer on Instagram and X @Claerb

Presented by Claer Barrett. Produced by Philippa Goodrich and Mischa Frankl-Duval. Our executive producer is Manuela Saragosa. Sound design is by Breen Turner, with original music from Metaphor Music. Cheryl Brumley is the FT’s global head of audio.

Read a transcript of this episode on FT.com


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