General Investing >> Money Manager Interviews >> September 28, 2012

Long-Term Investing in Undervalued Large-Cap U.S. Stocks

Smead, William
William Smead is Chief Investment Officer and Portfolio Manager for Smead Capital Management. He is the final decision-maker for investment and portfolio decisions and is responsible for reviewing the implementation of those decisions in the firm’s separate accounts and mutual funds. Prior to founding Smead Capital Management in 2007, he was the Managing Director/Portfolio Manager of Smead Investment Group of Wachovia Securities. Previously, he was with Smith Barney and Oppenheimer & Co. He began his career in the investment business with Drexel Burnham Lambert in 1980. He received a B.A. degree in economics from Whitman College. Profile
TWST: When we spoke about a year ago, you explained how you started the Smead Value Fund as a result of a dislike, or hatred, among investors at the time toward large-cap stocks in the U.S. Has