No Dating Game For Buffett
Dear fellow investors, Watching Warren Buffett and Charlie Munger Saturday in Omaha caused us to think about a very popular … Read more
Smead Capital Management
Cutting Your Way To Prosperity
Dear fellow investors, Having lived in Seattle for 40 years, I had a front-row seat as Microsoft, Amazon, Google and … Read more
Technology Is Bullish On Oil
Dear fellow investors, The news of the shocking OPEC+ announcement of a supply cut is saturating the minds of investors … Read more
Funding Unprofitable Growth
Dear fellow investors, We have been reminding everyone that we believe we are unwinding a financial euphoria episode that Charlie … Read more
Speculation In Growth Stocks – Happy Days Are Here Again
Dear fellow investors, A 1930 movie made in the mania toward the end of the Roaring Twenties called Happy Days … Read more
Recession Fear Investing
Dear fellow investors, A recession is two consecutive quarters of economic contraction. Historically, highly inverted yield curves like we have … Read more
Long-Duration Investing – Not The Cool Kids
Dear fellow investors, As we start the year 2023, we are reminded of the profound poetry from the band, Echosmith, … Read more
Unreliable Contrarianism
Dear fellow investors, It appears to us at Smead Capital Management that investors are behaving in a way that will … Read more
The Good News: Einhorn Is Finkle
Dear fellow investors, In the 1994 comedy film, Ace Ventura: Pet Detective, Lt. Einhorn is the female leading the Miami … Read more
Dial P911 For Value In Porsche And VW
Dear fellow investors, If you were walking down the street and saw a $100 bill just sitting near the curb, … Read more
Newton’s Law of Stock Market Motion
Newton’s First Law of Motion states that an object in motion tends to stay in motion unless an external force … Read more
First World Problems
Dear fellow investors, The investors of Smead Capital Management have been hearing us talk about ‘First World Problems’ recently. These … Read more
John Templeton’s Way
Dear fellow investors, We marveled for years listening to Sir John Templeton talk about the stock market. His best advice … Read more
The Strategic Squeeze
Dear fellow investors, Thanks to reading Spencer Jakab’s book, The Revolution That Wasn’t, we’ve been thinking about what it is … Read more
The Green Futures’ Chernobyl Moment
Dear fellow investors, What has taken place in 2022 is nothing short of a man-made problem. The question is if … Read more
