Wall Street Veteran Bill Smead Sounds Alarm: “The Most Dangerous Market of My Career
Driving through Northern Alabama on Thursday, veteran investor Bill Smead was on the road pitching potential clients on his Smead Value Fund (SMVLX). It’s not an easy sell right now. His energy and homebuilder stocks have taken a hit, and the fund is down 11% since May of last year. In contrast, the S&P 500 is up 10%. But to…
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Wall Street Veteran Bill Smead Sounds Alarm: “The Most Dangerous Market of My Career
Driving through Northern Alabama on Thursday, veteran investor Bill Smead was on the road pitching potential clients on his Smead Value Fund (SMVLX). It’s not an easy sell right now. His energy and homebuilder stocks have taken a hit, and the fund is down 11% since May of last year….
