In his latest newsletter titled – Two-Headed Investment Monster, Bill Smead discusses the two headed investment monster. Here’s an excerpt from the newsletter: We are very excited about the zeitgeist which will develop as wolverine inflation emerges as a more permanent problem. Investors will chase companies that benefit from 90 million … Read More
Smead Capital: The McNealy Problem
In his latest paper titled – The McNealy Problem, Cole Smead at Smead Capital tests Scott McNealy’s thesis regarding the euphoria surrounding Sun Microsystems, using a modern day company DocuSign. Here’s an excerpt from the paper: We are using the corporate history of Microsoft and Cognizant Technologies to understand what … Read More