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Bill Smead on CNBC’s The Kudlow Report (Aired July 17, 2009)
Recent Missives
Tech Stock Climax
June 18, 2026
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 ReadingCNBC Europe Squawk Box: Cole Smead on SpaceX Valuation’s Impact
June 10, 2026
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 ReadingBusiness Insider: Bill Smead on Being Bullish on Commodities
June 5, 2026
History says there’s one hedge that could shelter investors during a lost decade for stocks By Jennifer Sor For more information go to www.businessinsider.com. The information contained in this […]
⟶ Keep ReadingLate-Stage Mania: “The Worst Thing Ever”
June 4, 2026
There is a big difference between betting on something and investing in meritorious companies with long holding periods. Although we are no longer shareholders of Berkshire Hathaway, Warren Buffett shared some wisdom with...
⟶ Keep ReadingBloomberg Brief: Cole Smead, CFA on US-Iran Deal Optimism
May 29, 2026
Stocks Hold at Record Highs on US-Iran Deal Optimism | Bloomberg Brief 5/29/2026 By Vonnie Quinn For more information go to
⟶ Keep ReadingA “Casino” Stock Market
May 14, 2026
There is a big difference between betting on something and investing in meritorious companies with long holding periods. Although we are no longer shareholders of Berkshire Hathaway, Warren Buffett shared some wisdom with...
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