Author: Smead Capital Management

Down and Out in Wenzhou

William Smead Chief Executive Officer Chief Investment Officer Dear Fellow Investors: In early 2006, I wrote a piece called “Down and Out in Bloomfield Hills”. Our argument back then was that the economy of the rest of the US could look and act the way

⟶ Keep Reading

Rational Despair and Analogous Situations

William Smead Chief Executive Officer Chief Investment Officer Dear Fellow Investors: Randall Forsyth of Barron’s wrote a piece on May 31st, 2012 called, “Irrational Exuberance’s Flip Side Seen in Low Bond Yields”. It reminded me of the following and wise joke. A younger person asks

⟶ Keep Reading

We’re Off to See the Wizard

William Smead Chief Executive Officer Chief Investment Officer Dear Fellow Investors: We’re off to see the Wizard, The Wonderful Wizard of Oz. You’ll find he is a whiz of a Wiz! If ever a Wiz! there was. If ever oh ever a Wiz! there was

⟶ Keep Reading

The Vision Thing II

William Smead Chief Executive Officer Chief Investment Officer Dear Fellow Investors: In May of 2010 we wrote about how important it was for the companies which meet our eight criteria to have a strong vision and clear agenda for their business. When President George Herbert

⟶ Keep Reading

Reuters: CIO Bill Smead talks about Warren Buffett (5/5/2012)

Buffett plays down health concern, mulled megadeal by Ben Berkowitz 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. The

⟶ Keep Reading

CNBC: CIO Bill Smead live from Omaha (5/4/2012)

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 described in this tv appearance do not represent all of the securities

⟶ Keep Reading
Scroll to Top