Author: Smead Capital Management

4Q13: Once more for ’84

Since our thinking is always dominated by owning businesses which meet our eight investment criteria in a long-duration time frame, we continue to remain vigilant of the circumstances around us. To that end, we thought it would be helpful to review a similar historical situation and glean a feel for what was wise behavior back then and what might be wise behavior as we look forward to the year 2014.

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CNBC Europe: Bill Smead guest hosts Squawk Box

Healthy market correction? Here’s how to play it Squawk Box Europe hosted by Steve Sedgwick, Karen Tso and Carolin Roth To read the full story go to www.cnbc.com.   The information contained in this tv appearance represents SCM’s opinions, and should not be construed as

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Barron’s: CIO, Bill Smead discusses Merck’s turnaround

Merck Turnaround Is Working Out Well 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 securities

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David (Active Management) vs. Goliath (Passive Indexes)

Malcolm Gladwell is a fantastic writer and his new book, David and Goliath, got us thinking about his current thesis: David as a poster child for underdogs is a mistake. Gladwell contends that David had significant advantages over Goliath. In true Gladwellian form, he incorporates a myriad of disciplines to defend his thesis. And in true Smeadwellian fashion, we would like to add stock picking to the list of disciplines that strengthen Gladwell’s argument.

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CNBC: Bill Smead discusses end of the year markets

Will We See a Christmas Rally? Street Signs hosted by Brian Sullivan & Mandy Drury   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.

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