Britain's Warren Buffett Completely Sold PayPal: Should You?

As the undisputed leader in digital payments, with acceptance at 79% of the top 1,500 retailers in North America and Europe, PayPal (NASDAQ: PYPL) saw its business grow like wildfire during the pandemic. Terry Smith, who many call Britain's Warren Buffett, adopts a similar investment philosophy as the Oracle of Omaha. As of Dec. 31, Smith's firm, aptly called Fundsmith, held well-known tickers like Microsoft, Philip Morris, and Estee Lauder as some of its largest positions.