Chief Investment Officer Bill Smead is quoted in a recent Reuters column.
Sales Desk – US 877.701.2883
Sales Desk – UK +44 (0)20.8819.6490
Sales Desk – UK +44 (0)20.8819.6490
Menu
Recent Missives
A Sharpe Rebuke
We are closing in on what we think may be the question of the decade. If a majority of stock market capitalization in the US is passive or indexed, does this cause problems...
⟶ Keep ReadingRecession Fear Investing
A recession is two consecutive quarters of economic contraction. Historically, highly inverted yield curves like we have now are predictive of recessions. The 10 Year Treasury Bond interest rate has dropped from 4.3%...
⟶ Keep Reading4Q22 International Value Strategy Newsletter: The Law of Comparative Advantage
[...] The frustration of other investors and the strength of non-US dollar assets we believe will be our comparative advantage.
⟶ Keep Reading4Q22 U.S. Value Strategy Newsletter: Shame on Me in 2023
[...] We at Smead Capital Management believe the stock market wants to cause stock market failure by being extremely difficult in 2023. Most investors were fooled in 2022 by expecting circumstances similar to...
⟶ Keep ReadingNot the Cool Kids
[...] In the stock-picking world of the last 40 years, we consider Warren Buffett, Charlie Munger, Peter Lynch, John Templeton and other long-duration value investors to be the “cool kids.” They took dramatically...
⟶ Keep ReadingUnreliable Contrarianism
It appears to us at Smead Capital Management that investors are behaving in a way that will damage their capital and cause them to suffer stock market failure. In 2022, as the favorite...
⟶ Keep ReadingUS INVESTORS
Individual Investors
Financial Advisors, Family Offices,
and Institutional Investors
NON-US INVESTORS
