The Smead Book List - Winter 2024

In the latest episode of the "A Book with Legs" podcast, hosts Cole and Bill Smead dive into their latest book discussions, exploring themes like financial euphoria, investment strategies, and historical trends that echo today’s market. They touch on a variety of titles, including biographies of notable figures like Warren Buffett and Wilbur Ross, as well as in-depth analyses of economic bubbles and societal shifts. One important insight from the Smeads is the alarming similarity between today’s high levels of equity ownership and the scenarios that preceded past market downturns, highlighting the need for caution. Ultimately, their conversation underscores the value of learning from historical cycles and adjusting investment approaches accordingly.