Author: Smead Capital Management

Frustrating the Most People!

William Smead Chief Executive Officer Chief Investment Officer     Dear Clients and Prospective Clients: As we start the year in the financial markets it appears that there are three distinct approaches being taken by those who normally invest. Since we believe the markets try

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Major Market Low Points

William Smead Chief Executive Officer Chief Investment Officer Dear Clients and Prospective Clients: Since the bottom of the stock market usually comes at the height of the economic or political calamity of that era I thought it would be good to review past major stock

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The Longer You Are Right, the Smarter You Are

William Smead Chief Executive Officer Chief Investment Officer Dear Clients and Prospective Clients: There is an amazing fact in investment analysis. The longer you are right, the greater the amount of intelligence people attribute to you. Along those same lines the more money you make

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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

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