Smead Blog

The investment marketplace suffers from information overload. Smead Capital Management seeks to cut through the cacophony of other media resources to focus on what is important to long-term common stock ownership. This comes through our missives, quarterly newsletters and appearances in the media to provide thought leadership for our potential and current investors.

Stock Investments in an Antitrust Era

Lina Khan is being appointed to the Federal Trade Commission by President Biden’s administration. There are rumblings of resistance from Republican Senators like Mike Lee from Utah. This missive is devoted to helping our investors understand these matters and the impact this could have on stock market returns over the next ten years. Remember, the key to success in common stock ownership is avoiding stock market failure.

03/23/21 by

CNBC The Exchange: Cole Smead, CFA on Markets and Rising Rates

‘This is the greatest housing era in U.S. history,’ says Cole Smead Hosted by Jon Fortt For more information go to www.cnbc.com. Stocks mentioned: CLR, COP, SPG, MAC, CVX, JPM, BAC The information contained in this tv appearance represents SCM’s opinions, and should not be construed as personalized or individualized investment advice. Past performance is […]

03/22/21 by

In Sententia Tempore (In the Opinion of the Times)

[…] A classical education and the texts that form its base have lasted because there is truth that has been tested time and time again. The reason value has lasted is because it has truth that has been tested time and time again. We may not quote stocks in eighths or quarters like John Maynard Keynes or Benjamin Graham did, but we think in congruent terms. Our work is “done to last forever.” Our clients benefit from the permanence of this. The public will be a victim In Sententia Tempore. We applaud our investors for having the gumption to stick to dead, but timeless thinking. They fear stock market failure and the opinion of the times.

03/16/21 by

Hopelessly Devoted to Technology Stocks

[….] We are asking you to use your “head” and “forget” owning stocks at enormous price-to-sales ratios or ones which are massively over-owned by indexes and other passive vehicles. We know your “heart is sayin’, don’t let go!” Most investors in financial euphoria episodes “intend” to “hold on to the end” and suffer the consequences. We call the consequences stock market failure.

03/09/21 by

CNBC: Cole Smead, CFA on Rising Bond Yields

Most investors ‘just aren’t prepared’ for surging bond yields, fund manager warns By Elliot Smith For more information go to www.cnbc.com. Stocks mentioned: SPG 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 […]

03/02/21 by