Category: Missives

Musings of Warren, Charlie and Bill

William Smead Chief Executive Officer Chief Investment Officer Subscribe to the Missives Podcast Click here to listen to this Missive Dear Clients and Prospective Clients: I believe that an individual’s income is close to the average of their ten best friends. This could be why

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Bill’s Ark

William Smead Chief Executive Officer Chief Investment Officer Subscribe to the Missives Podcast Click here to listen to this Missive Dear Clients and Prospective Clients: Found in the old testament book of Genesis in chapter 6 is the story of Noah and the flood. God

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What If

William Smead Chief Executive Officer Chief Investment Officer Subscribe to the Missives Podcast Click here to listen to this Missive Dear Clients and Prospective Clients: As the first four weeks of a powerful upswing in the stock market unfolds, we thought we would use a

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Generational Transfer

William Smead Chief Executive Officer Chief Investment Officer Subscribe to the Missives Podcast Click here to listen to this Missive Dear Clients and Prospective Clients: Baby Boomer’s kids are coming of age. While boomers are enjoying 50th and 60th birthday party celebrations in abundance, their

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Freshmen in College

William Smead Chief Executive Officer Chief Investment Officer Subscribe to the Missives Podcast Click here to listen to this Missive Dear Clients and Prospective Clients: Everyone who goes to college wants to earn a bachelors degree. Many young people show up at college as freshmen

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The Silence is Deafening

William Smead Chief Executive Officer Chief Investment Officer Subscribe to the Missives Podcast Click here to listen to this Missive Dear Clients and Prospective Clients: Reverse psychology is a terrific tool for those of us who fear success. I was a college golfer at little

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Intelligence Meter

William Smead Chief Executive Officer Chief Investment Officer       Dear Clients and Prospective Clients: In his wonderful book A Short History of Financial Euphoria, John Kenneth Galbraith wrote that human beings ascribe higher and higher levels of intelligence to people based on how

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2+2=4

William Smead Chief Executive Officer Chief Investment Officer       Dear Clients and Prospective Clients: I’m fond of saying that the Math you need to succeed in business is learned by the end of 7th grade. If you can do percentages and simple algebraic

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Gone Mad

William Smead Chief Executive Officer Chief Investment Officer       Dear Clients and Prospective Clients: In his book, Day by Day, Reverend Billy Graham wrote the following: “Columbus was called mad because he decided to sail the uncharted ocean….Martin Luther was called mad because

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