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Home>Smead Capital Management Shareholder Letter 1Q 2014

Smead Capital Management Shareholder Letter 1Q 2014

Perspectives Content Submission

Wed, 16 Apr 2014

Dear Shareholder, The first quarter of 2014 was very much like what we had expected at the beginning of the year. The Smead Value Fund had a gain of 3.34% as compared to a gain of 1.81% for the S&P 500 Index and a gain of 3.02% for the Russell 1000 Value index. Factors which investors chose to igno

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