Tag: Buffett

The Smell Test

William Smead Chief Executive Officer Chief Investment Officer Dear Fellow Investors: In my family, we have a busy household with many friends and relatives floating in and out. We stockpile non-refrigerated foods in a large pantry and many times we don’t get these items opened

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The New Salt

William Smead Chief Executive Officer Chief Investment Officer Subscribe to the Missives Podcast Click here to listen to this Missive Dear Fellow Investors: As value investors and proponents of low turnover portfolios, we at Smead Capital Management are concerned about becoming New Age Visionaries. Fortunately,

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