Tag: Margin Calls

The Bombing of London

William Smead Chief Executive Officer Chief Investment Officer Dear Clients and Prospective Clients: The darkest days in World War Two were during the bombing of London. Air raid signals would blare and folks would go underground and wait for the bombing to get over. Since

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SCM Missive | October 16th, 2008

William Smead Chief Executive Officer Chief Investment Officer Dear Clients and Prospective Clients: Investors are divorcing their stocks. Here is the list of reasons they seek to dissolve their relationship with America’s best companies. We are in a deep recession which could last one to

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