Author: Smead Capital Management

CNBC Asia Squawk Box: Tony Scherrer on Narrow Markets

‘It’s an incredibly narrow market right now’: Researcher Hosted by Akiko Fujita 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 no guarantee of future results. The securities identified and

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CNBC Closing Bell: Bill Smead on Revenue Growth Stories

New Shanghai factory does not mean better growth for Tesla… Hosted by Wilfred Frost and Sara Eisen Stocks mentioned: TSLA 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 no

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TheStreet.com: Tony Scherrer on Investing Reminders

3 Reminders Before Buying Stocks in This Dying Bull Market By Brian Sozzi For more information go to www.thestreet.com. The information contained in this article represents SCM’s opinions, and should not be construed as personalized or individualized investment advice. Past performance is no guarantee of

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The Encore

The word encore is a French word, meaning ‘again, some more’. We typically think of it as coming after a concert is over, where the band returns from backstage to play some of the most crowd-pleasing hits. As the stage temporarily goes dark, the band is encouraged by the masses to reemerge through their loud applause, cheering and chanting. When new to the American scene, the spontaneity of this phenomena would often result in multiple encores for an unrelenting crowd.

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Reuters: Tony Scherrer discusses Starbucks

Starbucks closing cafes; CEO calls performance ‘not acceptable’ By Uday Sampath Kumar, Alana Wise   For more information go to www.reuters.com. Stocks mentioned: SBUX The information contained in this article represents Smead Capital Management’s opinions, and should not be construed as personalized or individualized investment

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CNBC Street Signs: Bill Smead on US Tariffs

American president is a ‘wheeler dealer,’ hence the tariffs: Pro Street Signs hosted by Joumanna Bercetche and Willem Marx   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

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Reuters: Bill Smead on Marketing to Gen Z

As millennials age, more U.S. companies look ahead to Generation Z By David Randall For more information go to www.reuters.com. Stocks mentioned: AXP, DISCA The information contained in this article represents Smead Capital Management’s opinions, and should not be construed as personalized or individualized investment

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2018: The Math is Simple

We believe the math of common stock investing is pretty simple. When you buy a stock without leverage, you can only lose your original investment. Your gains can be unlimited over the longest term (long duration). Most of the benefit (90%) of diversification is reached by owning a twelve-to-eighteen stock portfolio, if the owners are willing to put up with the relatively random way returns are handed out over time. Valuation matters dearly to portfolio results. Stocks purchased at depressed prices (as a group) outperform those which are more expensive over longer-run time periods.

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Bloomberg: Bill Smead on Starbucks Investors

Starbucks Investors Nervously Contemplate Life Post Schultz By Leslie Patton Stocks mentioned: SBUX 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 is no guarantee of

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Reuters: Bill Smead on Schultz Resignation

Starbucks executive Schultz to step aside, mulling ‘range of options’ By Lisa Baertlein, Alana Wise For more information go to www.reuters.com. Stocks mentioned: SBUX The information contained in this article represents Smead Capital Management’s opinions, and should not be construed as personalized or individualized investment

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