Day: January 12, 2016

At Smead Capital Management we are in the business of attempting to gain a clear understanding of what we refer to as a “Well Known Fact.”…
With that in mind, as we assess what has gone on in the back-half of 2015, we are cognizant of the question we get asked about the most. This question beats most others by a wide margin: what is our view of the commodity complex in general, and oil in particular?