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Author: Smead Capital Management
Musings of Warren, Charlie and Bill
William Smead Chief Executive Officer Chief Investment Officer Subscribe to the Missives Podcast Click here to listen to this Missive Dear Clients and Prospective Clients: I believe that an individual’s income is close to the average of their ten best friends. This could be why
May 4, 2009
SCM 1st Quarter 2009 Newsletter
Our Abusive Parent Leads to Lots of Experts at Extremes As portfolio managers, we feel like the children of an abusive parent. The parent spent the last 29 years teaching us the difference between right and wrong. We in turn have been executing the behaviors
April 22, 2009
Bill’s Ark
William Smead Chief Executive Officer Chief Investment Officer Subscribe to the Missives Podcast Click here to listen to this Missive Dear Clients and Prospective Clients: Found in the old testament book of Genesis in chapter 6 is the story of Noah and the flood. God
April 6, 2009
What If
William Smead Chief Executive Officer Chief Investment Officer Subscribe to the Missives Podcast Click here to listen to this Missive Dear Clients and Prospective Clients: As the first four weeks of a powerful upswing in the stock market unfolds, we thought we would use a
April 2, 2009
Bill Smead on About the Money (3/24/2009)
If you can’t see the video above, click here to watch the segment
March 25, 2009
Generational Transfer
William Smead Chief Executive Officer Chief Investment Officer Subscribe to the Missives Podcast Click here to listen to this Missive Dear Clients and Prospective Clients: Baby Boomer’s kids are coming of age. While boomers are enjoying 50th and 60th birthday party celebrations in abundance, their
March 24, 2009
Freshmen in College
William Smead Chief Executive Officer Chief Investment Officer Subscribe to the Missives Podcast Click here to listen to this Missive Dear Clients and Prospective Clients: Everyone who goes to college wants to earn a bachelors degree. Many young people show up at college as freshmen
March 20, 2009
The Silence is Deafening
William Smead Chief Executive Officer Chief Investment Officer Subscribe to the Missives Podcast Click here to listen to this Missive Dear Clients and Prospective Clients: Reverse psychology is a terrific tool for those of us who fear success. I was a college golfer at little
March 16, 2009
Translating Warren Buffett’s 2008 Berkshire Hathaway Annual Letter to Shareholders
William Smead Chief Executive Officer Chief Investment Officer    Dear Clients and Prospective Clients: In the midst of this historically poor start to the year 2009 in the stock market (S&P 500 year-to-date return), we thought it would be helpful to give you
March 2, 2009