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AI Stocks 'Mania Appears To Be Headed To A Bad Ending,' Says Investing Veteran: 'Fear Stock Market Failure'
Wednesday, February 28, 2024 - 4:42am | 717Read More...Bill Smead, a veteran of the stock market, has issued a stark warning to investors, cautioning them against the allure of popular stocks and the artificial intelligence (AI) boom. What Happened: Smead, the founder of Smead Capital Management, has been vocal about the potential risks associated with...
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Expert Says US inflation Is Likely To Be 'Far Stickier And Longer Lasting' As CPI Data Announced
Tuesday, February 14, 2023 - 9:44am | 255Read More...On CNBC, Bill Smead of Smead Capital Management said inflation will be "far stickier and longer lasting" than many expect in the U.S. He pointed out that there are 92 million people between the age of 22 and 42 years, and they are going to spend their money on necessities over the...
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Berkshire Hathaway's Share Buyback: What You Need To Know
Monday, November 5, 2018 - 1:31pm | 410Read More...At a time when share buybacks are at or near record highs, one company has been notably absent from the trend — until now. What Happened Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) just bought back close to $1 billion of its own stock. The company hasn't bought back shares...
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What Would Cause Bank Of America To Do 'Super Well'?
Monday, July 13, 2015 - 4:40pm | 325Read More...Bill Smead, founder of Smead Capital Management, thinks Bank of America Corp (NYSE: BAC) is about to see a massive bull run all thanks to millennials. Smead was on CNBC to explain what makes Bank of America his top pick and how millennials are going to be the next driver of growth for the...
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Bill Smead Likes Merck And Disney (MRK, DIS)
Wednesday, May 26, 2010 - 8:11am | 156Read More...Stocks had a rollercoaster ride this week. Bill Smead, chief executive and chief investment officer of Smead Capital Management, told CNBC, “While everyone’s worried about what’s going on in Greece and Spain, things are improving significantly for U.S. consumers.” He said that he has bullish bias...
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Invest In High Quality Stocks Like Merck (MRK) : Analyst Says On CNBC
Friday, January 29, 2010 - 10:58am | 133Read More...Talking with CNBC, Ray Harrison, founder of Harrison Financial Group, shared his insight about the general direction of the market. He said that he expects the market to move sideways for some time now. He also stated that last year's rally was driven by revaluation of risk by investors. According...
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Walmart (WMT) And Comcast (CMCSA) For 2010
Tuesday, December 22, 2009 - 2:00pm | 148Read More...In an interview with CNBC, Bill Smead, CEO & CIO of Smead Capital Management, has listed Walmart (NYSE: WMT), Comcast (NASDAQ: CMCSA), Bank of New York Mellon (NYSE: BK) and Bristol-Myers Squibb (NYSE: BMY) as his favorite stocks for 2010. According to him, investors should look into the...
