Our Advice
Our company understands how frustrating and illogical the stock market can be. We have been involved in stock markets for 40 years and had success despite these shortcomings. Through our missives, quarterly newsletters and appearances in the media, we provide advice on how to play the long game.
Our Advice
The Market: Cole Smead, CFA on European Bank Mergers
A Tsunami of Mergers Is Heading for European Banks By Christoph Gisiger For more information go to www.themarket.ch. Stocks mentioned: UNI, BG, BCS, RO, CVE, SCR, IMO, GLEN The information […]
Keep Reading ⟶Investment Executive: Bill Smead on Magnificent Seven as a Stock Market Bubble
Is the Magnificent Seven a stock market bubble? By Kevin Press For more information go to investmentexecutive.com. The information contained in this tv appearance represents SCM’s opinions, and should […]
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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...
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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 […]
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The Renaissance of the American Mutual Fund
Most financial advisors believe ETFs hold a structural tax advantage over mutual funds. They don’t. They hold an operational one. The tax code treats both vehicles the same. The mutual fund industry simply...
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 Watching ⟶Most financial advisors believe ETFs hold a structural tax advantage over mutual funds. They don’t.
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