Fox Business: Tony Scherrer, CFA on Wells Fargo

Wells Fargo’s task in CEO search? Find the next Jamie Dimon

By Joe Williams

Stocks mentioned: WFC

For more information go to www.bloomberg.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.

We Advise Investors

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

Recent Missives

2Q26 U.S. Value Strategy Newsletter: Diversification Circa 2026

Most of the studies we've seen argue that 90% of the benefit of diversification comes by the 20th common stock. In our discipline, based on our eight criteria for common stock selection, we...

⟶ Keep Reading

2Q26 International Value Strategy Newsletter: Stampeding Towards the Next Problem

The world we wake up to today seems to have all the information we can dream of, but less discernment than is needed. The Iran conflict was misread with oil prices at $100...

⟶ Keep Reading

The Tsunami of European Bank Mergers

Most global investors are not attuned to what can be seen on the horizon, not far from shore. After the Great Financial Crisis, Europe was slow to address the underlying capital issues. Rather...

⟶ Keep Reading

Reuters: Bill Smead on Occidental’s New CEO and Growth

  Occidental’s new CEO tested by debt, lagging stock price and big dividend payments to Berkshire By Sheila Dang For more information go to reuters.com. The information contained in this […]

⟶ Keep Reading

Tech Stock Climax

In my 45 years in the investment business, we've observed numerous peaks of excitement. In 1987, a bull market that started at a 1982 bottom below 800 on the Dow Jones Industrial Average...

⟶ Keep Reading

CNBC Europe Squawk Box: Cole Smead on SpaceX Valuation’s Impact

SpaceX is already targeting a mammoth valuation. Will passive funds take it even higher? Squawk Box Europe hosted by Stephen Sedgwick       For more information go to www.cnbc.com. […]

⟶ Keep Reading

We Advise Investors

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

US INVESTORS

Individual Investors

OR

Financial Advisors, Family Offices,
and Institutional Investors

OR

NON-US INVESTORS

Individual Investors

OR

Financial Advisors, Family Offices,
and Institutional Investors

OR

Scroll to Top