Sales Desk – US   877.701.2883
Sales Desk – International   +353 1 525 9677

US INVESTORS
Non-US INVESTORS
Sales Desk – US   877.701.2883
Sales Desk – UK   +44 (0)20.8819.6490
US INVESTORS
Non-US INVESTORS

Author: Smead Capital Management

Interest Rates Affect on Intrinsic Value

We at Smead Capital Management believe in the value of compounded returns. They are the friend of the long-duration common stock investor, especially when considering the intrinsic value of a company. With so much chatter among investors, the media and analysts over when the Federal Reserve will increase interest rates, we would like to share with you how we think about and use prevailing interest rates in security analysis. Together with earnings growth estimates and longevity, the discount interest rate is a cornerstone of calculating the intrinsic value of a company.

⟶ Keep Reading
May 26, 2015

Bloomberg Asia: Cole Smead discusses the US economy

 In This Era, Nobody Wants Stocks First Up hosted by Angie Lau For a link to the video go to www.bloomberg.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 no

⟶ Keep Reading
May 19, 2015

Citywire Global: Cole Smead discusses US Equity Market Valuations

Strength of US economy will shock investors, says boutique manager Citywire Global hosted by Chris Sloley For more information go to www.citywireglobal.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

⟶ Keep Reading
May 15, 2015

CNBC Europe: Cole Smead on Financials

 We wouldn’t touch Citigroup Squawk Box Europe hosted by Stephen Sedgwick & Karen Tso 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. Past performance is

⟶ Keep Reading
May 12, 2015

WSJ: Tony Scherrer on the U.S. Markets

U.S. Stocks End Higher By Corrie Driebusch For more information go to www.wsj.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 future results. The securities identified and

⟶ Keep Reading
April 28, 2015

Barron’s: Tony Scherrer discusses Pfizer

 Pfizer: Juicy Dividend, Strong Pipeline, Big Gains By Johanna Bennett For more information go to www.barrons.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 future results. The

⟶ Keep Reading
April 21, 2015
Scroll to Top