William Smead Chief Executive Officer Chief Investment Officer Subscribe to the Missives Podcast Click here to listen to this Missive Dear Fellow Investors: 1982 The stock market bottomed in August of 1982 just below 800 on the Dow Jones Industrial Average (DJIA) during the worst
William Smead Chief Executive Officer Chief Investment Officer Dear Clients and Prospective Clients: There is an amazing fact in investment analysis. The longer you are right, the greater the amount of intelligence people attribute to you. Along those same lines the more money you make
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