When time runs out on this AI-fueled stock market rally, it’s the average American who will save your portfolio.

That’s our

call of the day from Smead Capital Management’s founder and chief investment officer Bill Smead, who co-manages the $4.5 billion Smead Value Fund

SMVLX. The fund’s mandate is to buy “meritorious businesses when they fall deeply out of favor,” and then just hang on.