Quote of the day—Cole Smead

The unrest that has taken place in the city of Seattle … there is really is not a downtown business community today.

We’re hearing rumors of 40-story buildings that will be only 20-percent occupied by October … My biggest concern for Seattle was what the business community is going to come back to, and what kind of businesses are going to come back for customers.

We are playing the long game for our company, colleagues, clients and shareholders with this transition to our new location. As we plan for the next chapter of our organization, we believe that we gain tangible and intangible benefits through Greater Phoenix and its surrounding communities.

Cole Smead
President and CEO of Smead Capital Management
June 22, 2020
Seattle’s CHOP Just Cost The City A Billion Dollar Company
[That’s what a taste of socialism will do.—Joe]


4 thoughts on “Quote of the day—Cole Smead

  1. It is more than a rumor. My son is one of the last workers preparing the former WeWork 40 story tower for mothballing. In the process, they have ripped out the interior walls and left the utilities in place so the building will be ready for some future tenants. It is now a bare empty shell with no tenants in sight!

    Like the video, last year said: Seattle is Dying, but perhaps the title should be Seattle is Dead. Shopping is all but gone and it is even difficult to find a place to grab lunch.

    • I smell business opportunities. If Seattle’s really hurting for business, they’ll negotiate a good deal (tho leftists gonna leftist). And since security is… fluid there, one could start up a security company on the basis that they take no sh*t from rioters.
      Of course their idjit mayor would probably reject that since they want their multicult Utopia *and* their cake too.

  2. They will just follow them. They can’t live without us. We need to quit caring/feeding people that couldn’t survive a normal winter on their own?

    • Indeed; CHAZ/CHOP itself illustrates your point quite well.

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