Bloomberg Radio: Bill Smead on the Economy (2/22/2013)
Taking Stock Hosted by Pimm Foxx and Vonnie Quinn
February 25, 2013
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Author: Smead Capital Management
Reuters: Bill Smead comments on Berkshire and 3G’s Heinz aquisition (2/14/2013)
Heinz $23 billion sale to Buffett, 3G to spur consolidation By Ben Berkowitz and Martinne Geller For more information go to www.reuters.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
February 14, 2013
Our Job: Whether; Market’s Job: When
Warren Buffett describes the stock market’s purpose as being “a wonderfully efficient mechanism for transferring wealth from the impatient to the patient”. We are reminded of this by a series of news reports and commentaries on subjects greatly influenced by basic economics. In today’s missive, we consider what the law of supply and demand says about China, oil, and housing in the USA.
February 12, 2013
Smead Capital Management nominated as Finalist for Emerging Manager Awards (2/7/2013)
We are honored and pleased to announce that Emerging Managers Monthly has nominated Smead Capital Management as a finalist for their seventh annual Emerging Manager Awards. The magazine will announce the winners in April. You can read more about the award and see the other
February 7, 2013
Too Active, Too Passive: Too Little Understanding
The wealth management and institutional consulting communities have allowed indexing to be called “passive” investing and stock-picking disciplines to be called “active” management. This implies a mindless approach to indexing and a great deal of busyness to stock picking. A number of recent articles and commentaries have been written which question the viability of stock-picking disciplines in an era of numerous indexing choices and ETF vehicles. We at Smead Capital Management believe these labels are at the heart of a great deal of confusion about what works and what doesn’t work in both equity mutual funds and separately managed accounts.
February 5, 2013
Bloomberg: Bill Smead discusses Merck (1-31-2013)
Merck Says 2013 Profit Will Decline as Generics Cut Results By Shannon Pettypiece 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
February 4, 2013
Reuters: Bill Smead discusses Pharma earnings (1/29/2013)
Pfizer, Lilly beat Street; generics take toll By Bill Berkrot & Ransdell Pierson Reuters For more information go to wwwww.chicagotribune.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
January 30, 2013
Bloomberg: CIO Bill Smead Discusses J&J and spin-offs (1/22/2013)
J&J’s Forecast Misses Analyst Estimates, May Sell Unit By Michelle Fay Cortez & Shannon Pettypiece 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
January 23, 2013
Reuters: CIO Bill Smeads Comments on Ebay’s Numbers (1/17/2013)
EBay tops holiday quarter forecasts on mobile boom By Alistair Barr For more information go to www.Reuters.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.
January 17, 2013
Bloomberg: CIO Bill Smead offers Thoughts on EBay (01/16/2013)
EBay Sales Beat Estimates as Donahoe Pushes Mobile Sales By Danielle Kucera For more information go to http://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 future
January 16, 2013
