FYI: (Slide mouse to 45:40 for Bill Smead interview.)
William Smead, manager of the Smead Value Fund, said in the Market Call that the popular companies of the next 10 years will be those that make money from the creation and establishment of households, as the millennial generation has families and starts raising kids. He singled out Target and Disney as big names for that generation and the next decade of investing. Also on the show, Jason Reposa of MyBankTracker.com talks about Americans' alarming lack of emergency savings, Matt Swain of Broadridge Communications discusses what consumers can learn from actually reading their bills, and Sam McBride of New Constructs puts a familiar stock back in the Danger Zone, warning that it's due for a 56 percent haircut.
Regards,
Ted
https://www.stitcher.com/podcast/moneylife-with-chuck-jaffe/e/56919485?autoplay=trueM* Snapshot SMVLX:
https://www.morningstar.com/funds/xnas/smvlx/quote.html