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Author: Smead Capital Management
When Everybody Knows that Something is So, Nobody Knows Nothing
William Smead Chief Executive Officer Chief Investment Officer Dear Clients and Prospective Clients: Andy Grove was the CEO of Intel for many years and was asked what the best advice was that he’d ever been given in business. His answer was that a professor at the
December 8, 2008
The Bombing of London
William Smead Chief Executive Officer Chief Investment Officer Dear Clients and Prospective Clients: The darkest days in World War Two were during the bombing of London. Air raid signals would blare and folks would go underground and wait for the bombing to get over. Since
December 1, 2008
November 28, 2008
November 21, 2008
Surviving the Most Difficult Conditions
William Smead Chief Executive Officer Chief Investment Officer Dear Clients and Prospective Clients: Jim Collins is the author of a book that I have mentioned from time to time called “Good to Great”. He has attempted to help us understand the difference between merely good
November 20, 2008
Univesity of Washington Football Team
William Smead Chief Executive Officer Chief Investment Officer     Dear Clients and Prospective Clients: It has a great balance sheet and massive alumni support. It has a long history of success, including numerous Rose Bowl victories and two National Championships. It has strong
November 17, 2008
November 11, 2008 – Bill Smead on About the Money
Chief Investment Officer Bill Smead on KCTS’s About the Money
November 12, 2008
Who is on the Cover
William Smead Chief Executive Officer Chief Investment Officer   Dear Clients and Prospective Clients: Almost two years ago, the Arizona Republic did a feature story on their cover about a talented and successful residential real estate agent located in Paradise Valley, Arizona. He was
November 10, 2008
No Believers
William Smead Chief Executive Officer Chief Investment Officer   Dear Clients and Prospective Clients: The day before the 1980 Presidential Election was 28 years ago today. Ronald Reagan was ahead in the polls and the stock market had risen over 25% in the six
November 3, 2008