Manias in American CapEx Cycles
Join us on April 8th, 2026 for a talk with Cole Smead from Smead Capital Management. Cole’s talk looks at the Railroad Mania of the 1880s, the Telecom Boom of 2000, Drill Baby Drill of 2014, and today’s AI Capex Hyperscaling. Mr. Smead will look at the economic contribution these events provided, what they have in common, and what this may lead investors to in the clear and present danger or possible opportunities. The talk will be followed by a casual networking session.
Details
- April 8th, 2026
- 5:30PM MT
- The Parlour Italian Kitchen & Bar | 10334 108 St NW, Edmonton, AB T5J 1L9
- Member Fee: Complimentary Non-Member Fee: $15
About the Speaker
Cole Smead, CFA
CEO & Portfolio Manager | Whitman College, B.A. Economics & History
Cole Smead, CFA is Chief Executive Officer and Portfolio Manager where he oversees all activities of the firm. He is the final decision maker for all investment decisions in the firm’s international equity portfolios. Cole has been with the firm since its founding in 2007. Prior to joining Smead Capital Management, he was a Financial Advisor with Wachovia Securities in Scottsdale, AZ. He is a member of the CFA Institute.
Cole is an avid reader. He hosts the firm’s podcast, A Book With Legs, and has appeared on several media outlets including Bloomberg and CNBC.