“What we see right now is a transition period from the enormous surge in economically sensitive things to investors going back to what they should care about, which is how long is a franchise going to last, how well is the company going to do for the next 3 to 5 years,” Bill Smead told CNBC.
Recent Missives
Déjà Vu All Over Again
December 10, 2024
Yogi Berra was a beloved, successful baseball athlete, manager, and cultural celebrity. An entire book was written about his verbal amorphisms. One of my favorites was when he said, “It’s déjà vu all...
⟶ Keep ReadingPresidential Stock Market Euphoria
November 19, 2024
How does the euphoria for stocks in the days after the 1980 election contrast with today’s Trump election euphoria? What were the fundamentals of the 1980 stock market compared to today’s fundamentals? What...
⟶ Keep ReadingCNBC: Cole Smead, CFA on the Oil Market’s Future
November 7, 2024
More Iran sanctions and ‘drill baby, drill’: Oil market’s future is still uncertain under Trump By Natasha Turak For more information go to www.cnbc.com. The information contained in this article […]
⟶ Keep ReadingYahoo Finance: Cole Smead, CFA on Investing like Buffett
November 6, 2024
How to invest like Buffett: Grow your circle of competence For more information go to finance.yahoo.com. Stocks mentioned: BRK, BAC, OXY The information contained in this tv appearance represents […]
⟶ Keep ReadingThe Pictures Say It All
November 5, 2024
Dow Jones (publisher of "The Wall Street Journal") announced that Nvidia (NVDA) will replace Intel (INTC) in the Dow Jones Industrial Average. Intel was brought in to replace Union Carbide four months and...
⟶ Keep ReadingBarron’s: Bill and Cole Smead on Where the Stock Market Is Headed Next
October 26, 2024
Where the Stock Market Is Headed Next, According to Our Exclusive Investor Survey By Paul R. La Monica For more information go to www.barrons.com. The information contained in this article […]
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