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Chuck Jaffe's Money Life Show 1/2/15: Guest: William Smead, Manager, Smead Value Fund
Any place but Wall Street Some fund advisers seem to identify themselves with their location. Smead Capital Management, Inc., which manages Smead Value Fund (SMVLX), states: ”Our compass bearings are slightly Northwest of Wall Street…” The firm is headquartered in Seattle
SMVLX is a 5-year Great Owl sporting top quintile performance over the past 5-, 3-, and even 1-year periods (ref. Ratings Definitions):
Bill Smead believes the separation from Wall Street gives his firm an edge.
