Sales Desk – US   877.701.2883
Sales Desk – UK   +44 (0)20.8819.6490
US INVESTORS
Non-US INVESTORS
Sales Desk – US   877.701.2883
Sales Desk – UK   +44 (0)20.8819.6490
US INVESTORS
Non-US INVESTORS

SCM Missive | October 17th, 2008

William Smead
Chief Executive Officer
Chief Investment Officer 




Dear Clients and Prospective Clients:I have been in the investment business 28 years and Warren Buffett has made a stock market prognostication only two prior times (near the bottom in 1982 and near the top in 1999). Read his Op-Ed piece that was published today in the New York Times. You can get to Buffett’s piece through the link below.

http://rs6.net/tn.jsp?e=001zycbdR9OqH4drPn0duGfcv9aRTv5MPTcS75x4UuBEVwOtL95ASDDq1LFA_D3-ofceXXVsBU3GReZXi6V9BS2PhCfvKwXG7AJ3__fbMeBPbO9SjVkkD0u9vs2iSKY3PBxeTT35uLfh_mahXnH6e9o3CjMbgcOfDzM

Call us if you are underinvested in America’s premier companies.



Warmest regards,
William Smead

We Advise Investors

Sign up to get our advice sent straight to your inbox.

Sign Up

Recent Missives

Cutting Off Your Nose to Spite Your Face

April 24, 2025

[...] The Trump administration believes that it must act swiftly and take a wrecking ball to the way international trade has been organized. What they are attacking is David Ricardo’s economic theory that...

⟶ Keep Reading

1Q25 International Value Strategy Newsletter: Fur Coats in July

April 15, 2025

[...] Warren Buffett once said that the stock market was formed to move money from those who are impatient to those who are patient. We look ahead in these businesses because the capital...

⟶ Keep Reading

1Q25 U.S. Value Strategy Newsletter: Looking Both Ways Through a Cold Streak

April 15, 2025

[...] Stock market popularity comes and goes, but meritorious businesses like the ones we own have a history of rewarding owners over the long haul. It’s all about having the courage and patience...

⟶ Keep Reading

Tariffs: In An Ownership Society

April 10, 2025

Over the last 15 years, the United States economy and financial system have been built on the back of a stock market ownership society. The premise is that average to above-average income households...

⟶ Keep Reading

BNN Bloomberg: Cole Smead, CFA says ‘Drill baby, drill’ is Dead

April 9, 2025

    ”Drill baby, drill’ is dead,’ money manager says   For more information go to www.bnnbloomberg.ca. Stocks mentioned: APA The information contained in this article represents SCM’s opinions, and should […]

⟶ Keep Reading

Bloomberg Television: Cole Smead, CFA on the US Treasury Selloff

April 9, 2025

Trump Says “Be Cool” as Stocks Hit by Trade War | Bloomberg Open Interest 04/09/2025 By Matt Miller, Katie Greifeld and Sonali Basak For more information go to www.bloomberg.com. Stocks […]

⟶ Keep Reading

We Advise Investors

Sign up to get our advice sent straight to your inbox.

Sign Up

US INVESTORS

Individual Investors

  • CALL 877.807.4122

OR

We'll call you

Financial Advisors, Family Offices,
and Institutional Investors

  • CALL 877.701.2883

OR

We'll call you

NON-US INVESTORS

Individual Investors

  • CALL +352-46-40-10-600

OR

We'll call you

Financial Advisors, Family Offices,
and Institutional Investors

  • CALL +44 (0)20-8819-6490

OR

We'll call you

© Copyright 2025. Smead Capital Management. All rights reserved.

Scroll to Top