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Tom Winnifrith Bearcast No 1: 75 minutes with Andrew Webley, he's not a grifter, he is a nice guy but what about Smarter Web shares?

Tom Winnifrith
Thursday 4 December 2025
For various reasons I found myself on a video call with Andrew Webley today. We had scheduled a 30 minute chat but we talked for 75 minutes. I am a miserable man with few friends but I admit that I like Webley and would happily go for a non alcoholic drink with him. He has made errors but I can accept that they were not deliberate and he is thus definitively NOT a grifter. So does that make shares in The Smarter Web Company (SWC) a buy? No. And I explain why. But at 44.5p are they super overvalued? They might be if bitcoin crashes or if Strategy (US: MSTR) blows up and I don't think Webley would disagree. But he, like many others reckon neither will happen despite the obvious red flag of the corporate jet Strategy is buying for Michael Saylor as you can see in a regulatory disclosure below. . I discuss all of this and bring you the good news that Webley will join me on stage at Sharestock 2026 on September 5. To get your tickets at 2025 prices you must book before December 31 HERE

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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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