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Author: Smead Capital Management
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
October 21, 2008 – Bill Smead on About the Money
Chief Investment Officer Bill Smead on KCTS’s About the Money
October 23, 2008
SCM Missive | October 22nd, 2008
William Smead Chief Executive Officer Chief Investment Officer   Dear Clients and Prospective Clients: 1. What have U.S. stock markets which fell 35% or more done in the few months after plunging to a violent low? Answer: There are two possibilities which have occurred.
October 22, 2008
SCM Missive | October 17th, 2008
William Smead Chief Executive Officer Chief Investment Officer Dear Clients and Prospective Clients:I have been in the investment business 28 years and Warren Buffett has made a stock market prognostication only two prior times (near the bottom in 1982 and near the top in 1999).
October 17, 2008
SCM Missive | October 16th, 2008
William Smead Chief Executive Officer Chief Investment Officer Dear Clients and Prospective Clients: Investors are divorcing their stocks. Here is the list of reasons they seek to dissolve their relationship with America’s best companies. We are in a deep recession which could last one to
October 16, 2008