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Home>Smead Capital Shareholder Letter Q4 2013

Smead Capital Shareholder Letter Q4 2013

Perspectives Content Submission

Wed, 29 Jan 2014

For the first time in many years, we can honestly say that the optimism of the people around us is making us a little nervous. The year 2013 was a terrific year for the Smead Value Fund with a return of 37.53%. What makes us nervous is the fact that the indexes did extremely well with a gain of 32.

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