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We are
WHAT WE DO
All investors aspire to build wealth in the stock market. Our company understands how frustrating and illogical the stock market can be. We have been involved in stock markets for 40 years and had success despite these shortcomings.
Mutual fund for US investors who would like to invest with Smead Capital Management.
Mutual fund for US investors who would like to invest with Smead Capital Management.
Mutual fund for non-US investors who would like to invest with Smead Capital Management.
Mutual fund for non-US investors who would like to invest with Smead Capital Management.
OUR ADVICE
As portfolio managers, we must practice what Charlie Munger called “ignorance avoidance!” Therefore, regardless of when the mania for all things AI dies, we believe there will be a bloodbath in the S&P 500 Index, and that would be “no country for old men,” who have built their financial futures around ongoing indexing success. […]
In my 45 years in the investment business, we’ve observed numerous peaks of excitement. In 1987, a bull market that started at a 1982 bottom below 800 on the Dow Jones Industrial Average (DJIA) peaked at 2,722. It then crashed 43% in 78 days. In 1990, just following a nationwide Savings and Loan Crisis, the S&P 500 Index bottomed at 322 and peaked at 1,517 in June of 2000. The proceeding bear market took the index down to 916 on June 1, 2002. The index never officially bottomed until September 1, 2008 at 896. It has now hit a recent peak of 7,580. […]
As many of you know, our team at Smead Capital Management has studied the thinking and investment careers of Charlie Munger and Warren Buffett. In today’s Go-Go artificial intelligence-dominated stock market, we’d like to walk you through the concept of the Circle of Competence. […]
WHO WE HELP
US INVESTORS
NON-US INVESTORS
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