AP: Bill Smead discusses thoughts on Buffett’s Shareholder Letter

Buffett upbeat about future despite trailing S&P

By Josh Funk

For more information go to http://www.washingtonpost.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 identified and described in this article do not represent all of the securities purchased or recommended for our clients. It should not be assumed that investing in these securities was or will be profitable. A list of all recommendations made by Smead Capital Management with in the past twelve month period is available upon request.

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