Section
value investing
244 posts
The Potential Illiquidity Bonanza
by William Smead, Smead Capital Management We believe there is a severe lack of liquidity in the stock…
Navigating Volatility: The Case for Tactical Alpha
In today's volatile markets, alternative investments are key for diversification, resilience, and returns, but they demand expertise to navigate. Ash Lawrence, Head of AGF Capital Partners and Scott Radke, CEO and Co-CIO of New Holland Capital discuss...
Tony Scherrer: Illusionary Investing
“If I’ve made myself too clear, you must have misunderstood me.” – Alan Greenspan by Tony Scherrer, Smead…
Market Resilience: Strength in Numbers
by Sonal Desai, Ed Perks, Stephen Dover, Michael Hasenstab, Franklin Templeton Investments Concerns about where the financial markets…
Underperforming Like It’s 1999
by William Smead and Tony Scherrer, Smead Capital Management The singer, Prince, wrote about “partying like it’s 1999.”…
William Smead: Just Do The Math!
by William Smead, Smead Capital Management We remember looking at demographic charts back in the 1990s which compared…
Buffett’s Annual Letter: Forest for the Trees
by William Smead, Smead Capital Management There is an old expression, “You can’t see the forest for the…
Value Equities: Is the Long, Dark Winter Ending?
by James MacGregor, Cem Inal, Shri Singhvi, AllianceBernstein Value investing has always been about challenging the consensus—but never…
Channeling Warren Buffett
by William Smead, Smead Capital Management The most popular missives we write are associated with Warren Buffett’s annual…
William Smead: "Ph.D. in Used to Be"
by William Smead, Smead Capital Management “Those who don’t know history are doomed to repeat it.” — Edmund…
David Giroux: 31% of S&P 500 Companies Face Growing Secular Risks, 36% Face Growing Secular Earnings Growth Risk
5-star manager David Giroux explains why more companies' businesses are at risk. How concerned are you about stock…
Kass – You should listen closely to the "Oracle of Boston"
by Doug Kass, Seabreeze Partners Management Civilization is hideously fragile . . . there’s not much between us…
We See Dead Stocks
by William Smead, Smead Capital Management Financial euphoria episodes are a common occurrence in investment markets and the…
Dr. Jekyll Economy Meets Mr. Hyde Markets
In the famous book, Strange Case of Dr. Jekyll and Mr. Hyde, Dr. Jekyll and Mr. Hyde were…
Price for Clarity
by Tony Scherrer, Smead Capital Management “The higher they go, the cheaper they look” – Stanley Druckenmiller Dear…
Amazon – C.I.a.P. Meets C.R.a.P.
Amazon recently announced that they are combing through the list of things they warehouse and sell to determine…
