Author: Smead Capital Management

Bloomberg Asia: Cole Smead discusses U.S. Markets and Oil

There Are Very Good Opportunities in the Markets: Smead 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.

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Ben Graham’s Mr. Market 2015

Since this is the beginning of 2015, let me refresh you on today’s esoteric wizardry. Smart Beta, quant strategies, hedge funds, liquid alternatives, leveraged buyouts (LBOs)/private equity and go-anywhere bond strategies are all formulated to confuse Mr. Market in 2015.

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Bloomberg: Bill Smead Discusses Berkshire

Berkshire Soars as Buffett Shifts Focus From Stocks to Takeovers By Noah Buhayar 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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WSJ: Bill Smead re-caps 2014 markets

U.S. Stocks Slip, but End With Gains for the Year By Dan Strumpf 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

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Kiplinger: Bill Smead discusses the consumer sector

17 Stocks to Benefit From Consumer Confidence By Anne Kates Smith For more information go to www.kiplinger.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.

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The Rolling Stones Understand Long-Duration Investing

It’s only after the animals are out of the barn that investors want to close the door. This means attempting to make most of the money from participating in common stocks, but somehow regularly going to cash in the worst declines. Consider the aftermath of the 2007-09 financial meltdown and bear market when asset allocator’s first looked to those active equity funds which weathered the 2008 storm the best. You want to make money in stocks, but “you want to be free.”

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CNBC: Bill Smead discusses oil and U.S. economic growth

  Oil’s plunge negative long-term: Pro Closing Bell hosted Kelly Evans and Bill Griffeth   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

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Where Did The New Middle Class Citizens Go?

The “well known fact” with regards to oil over the last decade read like this: because of huge GDP growth in emerging markets like China, there were going to be 400 million new middle class citizens born of uninterrupted prosperity; they were going to want all the autos, consumer goods, $10,000 watches and food that Americans have. The demand for commodities was going to be endless because capitalism practiced under authoritarian control was going to be better than the “invisible hand” of the free market. No recessions or depressions required.

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WSJ: Tony Scherrer discusses MRK deal

 Merck Reaffirms Commitment to Cubist Deal Amid Criticism on Patent Ruling By Peter Loftus 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

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