Author: Smead Capital Management

Yahoo Finance: Bill Smead on Warren Buffett and Oil

  Here’s what convinced Warren Buffett to pile into this oil company By Jared Blikre For more information go to finance.yahoo.com. The information contained in this tv appearance represents SCM’s opinions, and should not be construed as personalized or individualized investment advice. Past performance is

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Yahoo Finance: Bill Smead on Rates and Inflation

  Here’s why the Fed’s inflation fighting is doomed, per one veteran trader By Jared Blikre For more information go to finance.yahoo.com. The information contained in this tv appearance represents SCM’s opinions, and should not be construed as personalized or individualized investment advice. Past performance

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1Q22 U.S. Value Strategy Newsletter: The Twilight Zone

Depending on your age, the bull market in stocks started in 1982, with stocks trading at six-times earnings and the U.S. Treasury Bonds paying 15% interest, or in 2009 at the bottom of the financial crisis. Either way, the combination of the Federal Reserve Board’s liquidity and the popularity/stock market domination of technology stocks have entered us into what we will call “The Twilight Zone.” […]

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1Q22 International Value Strategy Newsletter: The Race for Space

Moving forward beyond the pandemic of 2020, the theme the world woke up to is that people want more…more home, more land, more entertainment, more goods. We learned that more is a scarce good today. The best phrase for capturing the mind of consumers today is what a partner of ours mentioned to us: The Race For Space. […]

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Bloomberg: Bill Smead on Tech Giants

Tech Giants Risk Losing Top S&P 500 Spots After $2 Trillion Wipeout By Bailey Lipschultz and Phil Serafino For more information go to www.bloomberg.com. The information contained in this article represents SCM’s opinions, and should not be construed as personalized or individualized investment advice. Past performance

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CNBC Squawk Box Europe: Bill Smead on Financial Euphoria

  Smead: Market pullback due to unwinding of ‘financial euphoria,’ not just Russia-Ukraine fears Hosted by Geoff Cutmore For more information go to www.cnbc.com. The information contained in this tv appearance represents SCM’s opinions, and should not be construed as personalized or individualized investment advice.

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CNBC: Bill Smead on Warren Buffett and Apple

For Warren Buffett, Apple is his new Cola-Cola as the investing icon reaps $100 billion in six years By Yun Li For more information go to www.cnbc.com. The information contained in this article represents SCM’s opinions, and should not be construed as personalized or individualized

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CNBC: Bill Smead on the ‘Inflation Wolverine’

Market treated inflation like a ‘puppy dog’ and now faces multiple pullbacks, strategist says By Elliot Smith For more information go to www.cnbc.com. The information contained in this article represents SCM’s opinions, and should not be construed as personalized or individualized investment advice. Past performance

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4Q21 Newsletter: Outlook 2022: Polar Opposites

There are three pillars of investing for us at Smead Capital Management. First, we must know the history of the stock market. Second, we must understand the mathematics of the stock market. Third, we must understand the psychology of the stock market. As we enter the year 2022, we believe the S&P 500 Index and the oil/gas Industry are at polar extremes on all three pillars. […]

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