SCM Missive | October 17th, 2008

William Smead
Chief Executive Officer
Chief Investment Officer 




Dear Clients and Prospective Clients:I have been in the investment business 28 years and Warren Buffett has made a stock market prognostication only two prior times (near the bottom in 1982 and near the top in 1999). Read his Op-Ed piece that was published today in the New York Times. You can get to Buffett’s piece through the link below.

http://rs6.net/tn.jsp?e=001zycbdR9OqH4drPn0duGfcv9aRTv5MPTcS75×4UuBEVwOtL95ASDDq1LFA_D3-ofceXXVsBU3GReZXi6V9BS2PhCfvKwXG7AJ3__fbMeBPbO9SjVkkD0u9vs2iSKY3PBxeTT35uLfh_mahXnH6e9o3CjMbgcOfDzM

Call us if you are underinvested in America’s premier companies.



Warmest regards,

William Smead

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