Chuck akre book recommendations Akre’s first major influence was Warren Buffett, a The markets are filled with investors chasing a quick buck. Charles Munger: 32 Books That Every Investor Should Read; Seth Klarman: 32 Books That Every Investor Should Read Chuck Akre’s three-pronged stool methodology serves as a valuable framework for assessing potential investments and making prudent investment decisions. Since the start of Chuck’s fund in 2010, he returned 13. 90% of the total portfolio. Omaha 2025 Registration Now Open! Secure your seat at the Lowest Price! Chuck Akre: Above Average Returns and a Legendary Framework. In on September 4, 2014. After 21 years in the securities business, the then 67-year-old Chuck Akre (Trades, Portfolio) launched the Akre Focus Fund in August of 2009. Chuck Akre (Trades, Portfolio), the founder of Akre Capital Management, has a storied career in the securities business, starting at Johnston, Lemon & Co. We offer 100% money back guarantee and 24 7 customer service. The upcoming . The investment process starts with the recognition that shares are really pieces of a business. Pershing Square - Bill Ackman Letters. 92% since the inception of Akre Chuck Akre Value Investing Conference Talk_ 'An Investor's Odyssey_ The Search for Outstanding Investments' - GuruFocus. Best Sellers Chuck Akre's firm releases 2nd-quarter portfolio. uk. "Chuck" Akre didn't start his career like the typical fund manager. Shares added by 8. More results. Great Investor Chuck Akre explains how he finds "compounding machines" -- companies that produce high rates of returns for shareholders. Every company has a value determined by its balance sheet, Legendary investors Chuck Akre (Trades, Portfolio) and Chuck Royce (Trades, Portfolio) have more than just their first names in common as their firms see long-term value in some of the same stocks. Cited one of the very first books he liked: The Money Masters. 3 billion of which are part of the Akre Focus Fund. Akre prioritizes skilled, honest, and passionate leadership that Chuck Akre – The Three-Legged Stool from Invest Like the Best with Patrick O'Shaughnessy on Podchaser, aired Tuesday, 18th June 2019. pdf), Text File (. With over 50 years of Chuck founded Akre Capital Management in 1989 after 21 years in the securities business at NYSE member firm Johnston, Lemon & Co. Chuck Akre of Akre Capital Management recommended it to me, and I’m glad he did. With over two decades of experience at Johnston, Lemon & Co. The 78-year-old founder of Akre Capital Management happily accepts that he is moving from an enterprise he mastered to one whose parameters he’s still studying. It has had a long-term position in the portfolio since 2010, and the guru has been increasing and reducing his stake Akre Focus, managed by John Neff and Chris Cerrone, is still in good hands after its legendary founder, Chuck Akre, stepped back. Akre Capital Management's largest holding is Mastercard Inc with Chuck Akre 8 th Annual Value Investor Conference: 'An Investor's Odyssey: The Search for Outstanding Investments' 8 th Annual Value Investor Conference, University of Nebraska at Omaha This is the transcript of Chuck Akre's presentation to the 8th Annual Value Investor Conference in April 2011, Omaha, right before the annual shareholder meeting of 40 Investing Books Recommendations from 20 Legendary Investors Including Warren Buffett, Charlie Munger, Joel Greenblatt, Mohnish Pabrai, Guy Spier, Li Lu. The duo finds good businesses run by good management and holds on Kyle Grieve chats with Compounding Quality about the benefits of quality investing, the tenets of a quality business, why returns on invested capital are the most important metric for measuring quality, the aspects of a quality management team, the attributes of a successful investor, the simple way to measure the returns of an investment, and a whole lot Chuck Akre’s portfolio value increased from $10. Chuck Akre (Trades, Portfolio) from Akre Capital Management at the Value Investor Conference, which was held in Omaha on May 1-2, the days before the Berkshire Chuck Akre looks at the the returns on capital and the net margins. Chuck Akre has taken a lot from Warren Buffett’s letters to his shareholders and Tomas Phelps’s book “100 to 1 in Stock Market”. Next Article Private Investment Funds. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute Explore the list of 48 Warren Buffett book recommendations. Die größte Auswirkung hatte sein nochmaliges Aufstocken beim digitalen Immobiliendienstleister CoStar Group mit 188 Prozent, nachdem er im Vorquartal seinen Bestand bereits um drei Viertel erhöht hatte. January 26, 2019 Chris Mayer on His Book, Chuck Akre discusses power of compounding with a very simple example. Podcast Episode · Invest Like the Best with Patrick O'Shaughnessy · 06/18/2019 · 48m. Our simple view is that we will be successful (1) if the businesses we own are successful, and (2) if we do not overpay when buying shares of these businesses. The u . There, Chuck and his team spend their GuruFocus. STREET ADDRESS Akre Capital Management, LLC 2 West Marshall Street Middleburg, Virginia 20117 . where he managed various akre capital management’s “three-legged stool” investment approach We focus our capital in a select number of what we believe to be extraordinary businesses. Chuck Akre: 12. At the beginning of the interview, Chuck Akre talked about his “imagination is more important than knowledge” concept explaining that people can be very sharp, very intellectual but that doesn The Akre Focus Fund's third quarter 2024 performance for the Institutional share c . His discussion was titled ‘ The Search for Oustanding Investments’ and offered a concise, yet detailed, glimpse into the mind of a Create a ticket Book Demo User Engagement Meeting 469-248-6885 Status Take Survey From Chuck Akre (Trades, Portfolio) Under no circumstances does any information posted on GuruFocus. Subscribe Sign in View Market Dashboard Chuck Akre, a seasoned investor and the visionary founder of Akre Capital Management, has a remarkable investment philosophy known as the ‘Three-Legged Stool Strategy. Especially the “Art of (Not) Selling. What made a good investment? 4. Trade Value: Δ in % of Portf: Any Increased Decreased New Closed % of Chuck Akre’s Investment Strategy. Free Sign-up Login 7-Day Free Trial Home Homepage Membership Levels About Us General Discussion Complete Stock List The book Membership Data Coverage Founder's In his 1988 Shareholder Letter, Chuck Akre discussed the lessons he learned from Warren Buffett. We discuss. Old. 20 Feb 2014 Riskless Return shows Chuck Akre on top after leaving FBR. Michael was nearly laughed out of Akre Capital Management - Chuck Akre Letters. 🚀 Enjoy a 7-Day Free Trial Thru Jan 20, 2025! . Chuck discussed the following in his talk: 1. 86% impact on the 1988 Shareholder Letter - by Chuck Akre. He focuses on long term quality compounders. Need help? Visit the Chuck founded Akre Capital Management in 1989 after 21 years in the securities business at NYSE member firm Johnston, Lemon & Co. 2023-12-13. We strong recommend you to read it. July 19, 1988 Chuck Akre. Warning! GuruFocus has detected 2 Warning Signs with MKL ABOUT AKRE CAPITAL MANAGEMENT. I thought I’d dig out that essay and republish it here. . Their last announced 13F filings for Q1 2023 included $17,920,618,000 in over 13F protections and a main 10 possessions convergence of 73. 01% ; Mastercard Inc - 5,786,287 shares, 13. -He mentions Mastercard, he points out that it has such huge margins that even if you cut them half twice , the worse that you would have is an average business. The individuals or entities selected as "gurus" may buy and sell securities before and after any Source: Akre Focus Fund Pitchbook - Third-Quarter 2019. Here’s an excerpt from the letter: Over the years, I have been most significantly influenced by the writings of Warren Buffett. 61% return since 2001, more than doubling the S&P 500’s average total return. This dude is awesome. Chuck Akre founded Akre Capital Management in 1989 after 21 years in the securities business at NYSE member firm Johnston, Lemon & Co. Akre Capital’s John Neff and Chris Cerrone describe what sets their “compounder” investment strategy apart, why they've made the few portfolio moves they have this year, how they’re doing without Chuck Akre as a co-portfolio manager, and why they see mispriced value in American Tower, Moody’s, Constellation Software and Roper Before you invest in the Akre Focus Fund, please refer to the Statutory Prospectus and Summary Prospectus for important information about the investment company, including investment objectives, risks, charges, and expenses. Bruce In his latest interview with WCDS: Wakefield Country Day School, Chuck Akre discusses his never sell strategy, and why investors can pay higher multiples for growth companies in a low interest rate environment. When you would have invested $1. So far we’ve provided the book recommendations from: Our Book Recommendations for Investors. Trade Value: Δ in % of Portf: Any Increased Decreased New Closed % of %PDF-1. “Chuck” Akre is not the first successful fund manager that a newcomer to the world of investing is likely to start out studying. The Overall Morningstar Rating™ for a fund is derived from weighted metrics, which are based on risk-adjusted return performance. Besides having some funny bits, there is a lot of good ABOUT AKRE CAPITAL MANAGEMENT. Value Investing World is a blog dedicated to promoting the multidisciplinary approach to investing and development of – as Charlie Munger describes it – a latticework of mental models. TOPIC: Good Judgement Comes from Experience, and Experience comes from Bad Judgement. Free Sign-up Login 7-Day Free Trial Home Homepage Membership Levels About Us General Discussion Complete Stock List The book AKRE FOCUS FUND CHARLES T. While this list is by no means Chat Support Create a ticket Book Demo User Engagement Meeting 469-248-6885 These are the top 5 holdings of Chuck Akre. American Tower Corp - 7,041,629 shares, 14. 2 billion in private fund, mutual fund, and separately managed account assets as of December 31, 2024. 64%: $12017990000: 18: Top Holdings Largest Trades Portfolio Structure Sector Allocation Performance History. I think that the real possibility could be either that it’s a theory that avoids a human The Akre Focus Fund is distributed by Quasar Distributors, LLC. ” Following this holy grail to identify potential investments has paid off hand-somely for Akre, who now manages Insights into Akre's Q1 2024 Investment Moves and Portfolio Adjustments Chuck Akre (Trades, Portfolio), the founder of Akre Capital Management, has a storied c 🚀 Enjoy a 7-Day Free Trial Thru Nov 23, 2024! Chuck akre explains three characteristics in businesses that lead to great returns over the long run. Unlike many famous investors and gurus, he didn’t major in economics or finance, but in English. Chuck and Chris will focus on some of the hardest aspects of the investing journey, including 1) the difficulty of correctly evaluating people, 2) recognizing the good ones early enough, and 3) getting In this interview with Barron's, two Akre Capital managers highlight in concise prose why Moody's Corporation (MCO) and Constellation Software (CSU) have bee Chuck Akre’s portfolio value increased from $10. Here's notes from his talk: Chuck Akre's Talk at Google - Reads voraciously to this day. The Akre Focus Fund is rated 5-star by Morningstar and has delivered nearly 19% annualized returns since its inception. He began his investing career in 1968 without any theoretical or practical knowledge. I have listed down the resources and investors I track. September 4, 2014. According to Akre, three key Book Recommendations About VIW Value Investing World is a blog dedicated to promoting the multidisciplinary approach to investing and development of – as Charlie Munger In 100 to 1 in the Stock Market, Thomas Phelps discloses the secrets and strategies to increasing your wealth one hundredfold through buy-and-hold investing. A conversation with Chuck Akre and Chris Cerrone about lessons. MOI Global: Before we talk about your investment approach, please tell us about your background and how you started investing. , current and past portfolio holdings. The prospectus should be read and considered Pitches to Hit. 00 and 52 week low is kr164. How do you measure the success of a private We keep our focus squarely on growth in the underlying economic value per share – often defined as book value per share – over the course of time. POLEN CAPITAL - LETTERS. The "how" to identify stocks with phenomenal long-term potential gives great answers, but some readers will be disappointed there aren't specific instructions with a check list or screener (if it were that easy, we'd all be billionaires). See what stocks top hedge funds are investing in. This is the complete letter Chuck Akre has a simple explana-tion for the shares' rise from $100 to over $105,000. Paperback. Akre Capital’s 13F portfolio has averaged a 14. Akre Capital Management increased CoStar Group and ANSYS, Inc. There are 106 13F filings, 10 13D filings, 47 13G filings, and 27 Form 4 filings for Whalewisdom. 🚀 Enjoy a 7-Day Free Trial Thru Dec 12, 2024! . Search Amazon. Coverage of SEC filings (13D, 13G, 13F, Form 4), hedge fund letters & buyside conferences This is Chuck Akre's talk from 8th Annual Value Investor Conference in May 2011, Omaha, right before the annual shareholder meeting of Berkshire Hathaway. Bei Ansys vergrößerte er sein Engagement um 30 Prozent; die hatte er im ersten Akre Capital Management has made notable changes to its portfolio in the fourth quarter of 2023. r/securityanalysis seems not to have them too. 9th Annual Value Investor Conference will be held May 3 – 4, 2012, again in Omaha. Warren was a student of Ben Graham at Columbia where he learned the important balance INSPIRING CONFIDENCE. Let's take a closer look at Chuck Akre, a big name in the investment world. Share Sort by: Best. , he managed various parts of the business, including branch management, research and asset management. Chuck says these com Before you invest in the Akre Focus Fund, please refer to the Statutory Prospectus and Summary Prospectus for important information about the investment company, including investment objectives, risks, charges and expenses. Chuck shared his insight with the economy, the fiscal trouble the US faces, and where to invest in this situation. Akre Capital Management Holdings Map. Chuck is the brain behind Akre Capital Management, LLC. Bill Brewster: No but Akre, I mean it’s The Art of (Not) Selling is what the paper’s called, and it basically says once we own something, the only thing that we’re looking at is degradation and business quality. With capable and integer management. com. Gaining knowledge from the most accomplished individuals enables you to thrive. This We are excited to invite you to our next installment of the WCDS Online Seminars, featuring an interview of Mr. Akre managed FBR Focus. He calls Chuck Akre, a prominent investor known for his value-based investment strategy, anchors his portfolio with significant holdings in high-performing stocks that demonstrate long-term growth potential and stability. Chuck Akre is currently invested in beautiful companies like Mastercard, American Tower and O’Reilly Chuck Akre's Investment Strategy Leads to Major Changes in Portfolio with Adobe Inc Exit Key Position Increases. Firm partners Tom Saberhagen and John Neff, who started as analysts in 2009, have served as portfolio managers July 19, 1988 Chuck Akre. Thank you Bob, and it’s great to be here. That's why you stay focused on the long term and the rate of return; that is where the difference is, that is what you want and need to capture. My chat today is called “An Investor’s Odyssey: The Akre Capital , AKREX portfolio, holdings, 13f and stock picks. [GhÕÄNÆgæä̌ݪòÚèª*táq+µ¥ ÷ Éa Œv¶À ´/+ܽ. ’](u Ó=àÏê* ‰p'm ‰ xm­ELˆ&™ m «t0F[O ®ÀÆ%– ãÊ[ ` H°0Ž «,iÀ «l©‰(b ‚Åã@F“'‡ Œ ` ¸¡Òà XT9,' L(b ig’S v‰}p¥vTÀ© Ú9OúÙ³½£Ù²ë1Û{ÕÎ = 0£?î½ Track stock picks and portfolios of legendary value investors such as Warren Buffett From Chuck Akre (Trades, Portfolio)'s Akre Focused Fund first-quarter 2019 shareholder letter. You might not know him by name, but you might recognize his work: he's known for making more money in the market than most, year after year. I would like to have as many as possible. Unlike the short-term trading trends that are popular today, Phelps's highly logical, yet radical approach focuses on identifying compounding machines in public markets, buying their stocks, and holding these investments Chuck Akre of Akre Capital Management released his letter to shareholders. Essential investing principles by Chuck Akre that we can learn from. Sign Up. I needed to figure out what made a good investor 3. Extra ordinary business 2. Supreme Court Transcript of Record with Supporting Pleadings . Top. Chuck Akre is Chairman of Akre Capital Management. Third Point - Dan Loeb Letters. , he managed various parts of the business, including branch management, research, and asset management. Mastercard Akre holds 4,705,134 shares of MasterCard ( MA) - 9. 62%; Moody's Corporation - 5,638,341 Does anyone here have the letters of Chuck Akre, or a link to them? On his website is only the shareholder letter from the year 1988. Charles T. When I graduated, I had interest in creating financial success. His discussion was titled ‘ The Search for Oustanding Investments’ and offered a concise, yet detailed, glimpse into the mind of a Book Recommendations . GuruFocus founder Dr. , Chuck Akre (Trades, Portfolio) has honed a value investment strategy centered around his "three-legged stool" philosophy. txt) or read online for free. Terry Smith is a very successful investor, British hedge fund manager, and Founder and CEO of Fundsmith. 05 Apr 2017 Chuck Akre: "The Peregrinations of an English Major Trying to Solve the Investment Puzzle" 23 Dec 2015 The Oracle of Middleburg, Virginia. Out of Print--Limited Availability. 27B this quarter. [4] The stool is a reference to a three-legged milking stool he keeps in his office – because it is low to the ground, a farmer sitting on it would not fall far if it flipped over. After a dispute with the parent company (they, 1 Oct 2014 Most people think Chuck Hughes's trading recommendations are too good I like to trade deep in the moeny calls, an idea from a book I reas "I've admired Chuck Schwab for a long time. com represent a recommendation to buy or sell a security. ” The interview is structured around Chuck’s mental model of a 3-legged stool which happens to be very similar to Marcellus’ 3-fold criteria for investing i. Chuck founded Akre Capital Management in 1989 after 21 years in the securities business at NYSE member firm Johnston, Lemon & Co. I enjoyed the book and I remembered I wrote about it back in 2015. So a multiple, in and of itself, is never going to be the reason that we sell. Giverny Capital - Francois Rochon Letters. 20. Some years ago, Mr. 1) “One Up on Wall Street,” 2) “The Warren Buffett Way,” 3) basic accounting via “Why Stocks Go Up and Down,” 4) basic valuation via Bruce Charlie Munger once said that if an investor did just three things, the end results would be vastly better than the rest. VIEW FULL BIO. Warren was a student of Ben Graham at I was flipping through my library of investing books, as I sometimes do, and I came across a book titled City Cinderella: The Life and Times of Mercury Asset Management, published in 1999. In 2011, Chuck Akre presented at the 8th Annual Value Investing Conference in Omaha. Chuck Akre: In college, I started as a pre-med student then changed to a literature major. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. That's why, we bring you some essential advice from Charles T Akre, former CIO of Akre Capital Management. Chuck Akre is an iconic investor, the sort of guy whose very existence vexes the efficient market advocates. 84% of his total assets. 21 Nov 2013 Barron's interview with Chuck Akre. We pride ourselves on the collaborative and collegial nature of our firm. Operating businesses with real pricing power that continue to grow and compound their real economic value per share at above-average rates, he believes, are the best places to store assets right now. September 13, 2024 Christopher Tsai Reflects on Timeless Values in Investing and Life Read More. AKREX - Akre Focus Retail - Review the AKREX stock price, growth, performance, sustainability and more to help you make the best investments. And plenty of reinvestment opportunities. Chuck Akre is known for believing in an old saying “the wolf changes his coat, but not his disposition”, The stock is up 17,062% since his recommendation. He developed a unique investment approach, resulting in The current price of OSTO:TEQ is kr173. Watch what a penny would be after 30 days if doubled everyday. Beginning in June of 1993, Akre operated the firm under the umbrella of Friedman, Billings, Chuck Akre’s essays and letters. Whether analyzing prospective investments, taking care of finance and compliance issues, conducting research, or helping clients with their accounts, the Akre team focuses on serving the people who place their trust in us. July 5, 2019 Members Share Their Summer Reading Recommendations (Update 7) Read More. 1988 Shareholder Letter. Shares reduced by 2. Best. The book can also include From the library of labels This book is an investment classic that Chuck Akre says had a big influence on him. I started with zero knowledge 2. 4%) Moody’s (12. 🚀 Enjoy a 7-Day Free Trial Thru Oct 09, 2024! . Recent Great Investor Chuck Akre explains how he finds “compounding machines” – companies that produce high rates of returns for shareholders. Discussion of markets and holdings. Akre Capital Management is a hedge fund with 268 clients and discretionary assets under management (AUM) of $14,784,344,321 (Form ADV from 2024-03-19). ’ This strategic approach has not only stood the test of time but has also delivered outstanding results, compounding at an impressive rate of 14. Beginning in June of 1993, Akre operated the firm under the umbrella of Friedman, Billings, Akre Capital , AKREX portfolio, holdings, 13f and stock picks. 26%. Via its 3-legged stool, Chuck Akre wants to invest in compounding machines. Top Personal Finance Books – Must read for anyone aspiring to achieve financial One of the traits that sets the Great Investors apart is the ability to be grounded - to remain calm under pressure and sensible when things get hairy. Johnny Hopkins July 6, 2023 Stock Screener Leave a Comment. Also, he is against the If you're unfamiliar with Akre, he focuses on finding long-term compounders and runs a somewhat concentrated portfolio. Chuck Akre mentions just two stocks in his second-quarter letter to investors: American Tower (AMT, Financial) and MasterCard (MA, Financial). The fund's Compounded Annual Gain since inception in 2009 is 17 Book Recommendations; About VIW. His way of investing isn't just about picking stocks randomly; it's about My guest today is Chuck Akre, a now widely famous investor who founded Akre Capital Management in 1989, which now manages approximately $10B dollars. He held various positions at Johnston, Lemon and Co until 1989 when he started Akre Capital Management. Top 50 Akre Capital Management Holdings. PORTFOLIO MANAGER • 5-Star Overall Rating by Morningstar (AKREX) as of 06/30/19 in the Large Growth category, which includes 1235 funds for the given period. Taken from his writings, interviews, lectures, and shareholder letters over the Besides having some funny bits, there is a lot of good investing wisdom in this book. Top 5 positions of Chuck Akre: Mastercard (14. Although largely focused on linking to investing and economic material it deems of interest, it will also post and link to material from other Chuck Akre’s presentation to the 8th Annual Value Investor Conference: ‘An Investor’s Odyssey: The Search for Outstanding Investments’ 8th Annual Value Investor Conference, University of Nebraska at Omaha. He has recommended a number of books that have influenced his thinking and approach to investing. The SEC filings include form N-PORT and form N-PORT/A, which are filed by registered management investment companies and exchange-traded funds (ETFs) organized as Unit Investment Trusts. uk: Audible Books & Originals . “They grew book value at an above-average rate – for most of that time above 20% per year,” he says. What made a Legendary investors Chuck Akre (Trades, Portfolio) and Chuck Royce (Trades, Portfolio) have more than just their first names in common as their firms see long-term value in some of the same stocks. clean management, Chuck Akre continues to be a driving force, but he also now shares investment duties. Markel Corp - Thomas Gayner Letters. Semper Augustus - Chris Bloomstran's Letter. Chuck Akre’s fund grew at a CAGR of almost 15% since 2009. We discuss his Guru Chuck Akre (Trades, Portfolio)’s only new buy in the first quarter – American Tower Corp (AMT) – was sufficient to make that stake the second-most valuable in his portfolio behind Chuck Akre (Trades, Portfolio) completely exited one holding in the third quarter of 2024: SBA Communications Corp (NASDAQ:SBAC): Akre sold all 500,000 shares, resulting in a -0. Oaktree Capital - Howard Marks memos . Chuck Akre. An English major's career. Select the department you want to search in. and later establishing his own firm in 1989. Home ; Browse; Top Charts; Search; 06/18/2019; EPISODE 135; 48 MIN; Chuck Akre – The Three But Chuck Akre — the founder of Akre Capital Management, which oversees over $10 billion — says this notion is simply untrue. The Akre Great episode with The Chuck. Which is why the right kind of wisdom is hard to find. About the Author. 58% of the total portfolio. by VERNON E WEST and CHARLES T AKRE | Oct 28, 2011. com is not operated by a broker or a dealer. This is just unreal, watch for yourself. #Value_Investing#Chuck_Akre Whatever you call it, Akre’s strategy has worked exceptionally well for a long time. Warren was a student of Ben Graham at Columbia where he learned the important balance sheet value method of investing. Akre, known as "Chuck" to those in the know, founded Akre Capital Management in 1989 after spending 21 years in the securities industry at Johnston, Lemon & Co. When Charles Schwab founded the corporation Chuck Hughes offers a weekly options trading strategy because he Insights into Akre's Q1 2024 Investment Moves and Portfolio Adjustments. S. clean management, When we look at the results of Chuck Akre, we conclude that as of today t he Akre Focus Fund managed to grow with 421% since 2009 compared to 275% for the S&P500. Akre Capital’s John Neff and Chris Cerrone describe what sets their “compounder” investment strategy apart, why they've made the few portfolio Chuck Akre’s three-legged stool also offers a great framework for quality investors: Buy good, very profitable businesses with a wide moat. Free 2-day shipping with Amazon Prime! Book is in good condition and may include underlining highlighting and minimal wear. “Chuck” Akre runs his namesake fund, $13. Delivering to London W1D 7 Update location All. Paying too much Chuck Akre – The Three-Legged Stool - [Invest Like the Best, EP. Value for the Money. With an integer management . But what makes Norway’s striking of oil so fundamentally different from its worse faring counterparts? . Chuck Akre (as he is better known) is a collector of great businesses, holding them for many years. Why Follow Chuck Akre's Portfolio? Akre began working in the securities business in 1968. Under no circumstances does any information posted on GuruFocus. The prospectus should be read and considered We recently started a series called – Superinvestors: Books That Every Investor Should Read. All the Masters have it but none more so than Chuck Akre. Moody’s Corp is Akre Capital Management’s largest stake, with 5,621,097 shares. Our timetable is five and ten years ahead, and quarterly “misses” often create opportunities for the capital we manage. “That became the holy grail for me. Skip to main content. This is the transcript of Chuck Akre’s presentation to the 8th Annual Value Investor Conference in April 2011, Omaha, right before the annual by CHARLES T AKRE and ARCHIBALD COX | Oct 29, 2011. What makes a good We had the honor to hear from Mr. “CHUCK” AKRE, JR. January 27, 2019 Howard Marks: The Wisdom of a Value Superinvestor Read More. U. Hello, sign in. Open comment sort options. What makes a valuable investment: The 3 legged stool approach: 1. May not contain miscellaneous items toys dvds etc. You may also obtain a hard copy of the prospectus by calling 1-877-862-9556. You can do this in 3 easy steps: Buy quality businesses. MAILING ADDRESS Akre Capital Management, Chuck Akre, a seasoned investor and the visionary founder of Akre Capital Management, has a remarkable investment philosophy known as the ‘Three-Legged Stool Strategy. This article first appeared on GuruFocus. Chuck Akre’s investment approach centers on a "three-legged stool" framework: Extraordinary business, talented management and reinvestment moat. Chuck Akre, CEO & CIO of Akre Capital Managem Value for the Money 11/30/2022. 214 today: Chuck Akre, founder of Akre Capital Management, participated in the “Talks at Google” series in 2017. One of which is to carefully look at what the other great investors have done. I needed to figure out what made a good investor3. Chuck Akre uses value investing as his fundamental investment strategy. 11 Book Recommendations By Terry Smith . Fadeley et al. Top Investment Books – My all-time favorite and these books shaped my investment philosophy to a great extent. Free Sign-up Login 7-Day Free Trial Home Homepage Membership Levels About Us General Discussion Complete Stock List The book Membership Data Coverage Founder's Message Free Trial Referral Program Partner Program GuruFocus Eminent value investor Chuck Akre says the rate of return should be the bottom line of all investment decisions, Akre said in order to figure out the investment puzzle, he started reading voraciously books like The Money Masters, 100 to 1 in the stock market and Intelligent Investor, which influenced his investment journey considerably. 20 In this interview with Barron's, two Akre Capital managers highlight in concise prose why Moody's Corporation (MCO) and Constellation Software (CSU) have bee Akre Capital , AKREX portfolio, holdings, 13f and stock picks. 81%. 3. This clarifies why many investors eagerly In 2011, Chuck Akre presented at the 8th Annual Value Investing Conference in Omaha. co. e. Chuck Akre is the founder of the Akre Focus Fund. 000 at the launch of the fund your investment would be worth $5. This is the transcript of Chuck Akre's presentation to the 8th Annual Value Investor Conference in April 2011, Omaha, right before the annual shareholder meeting of Berkshire Hathaway. Archived post. 17 May 2014 Chuck Akre on WealthTrack. . In 2000 he took the firm private again, this time moving Akre Capital to the rural village of Middleburg, Virginia. Over the years, I have been most significantly influenced by the writings of Warren Buffet. Beginning in June of 1993, Chuck operated the firm under the umbrella of The following transcript has been edited for space and clarity. Chuck Akre, John Neff, Tom Saberhagen, Chris Cerrone, Akre Capital Chuck Akre, John Neff, Tom Saberhagen and Chris Cerrone of Akre Capital describe how they distinguish truly exceptional In 100 to 1 in the Stock Market, Thomas Phelps discloses the secrets and strategies to increasing your wealth one hundredfold through buy-and-hold investing. Which can reinvest a lot of free cash flow in organic growth. Basket All. 0%) American Every basis point of return -- let alone every 100 basis points -- has a staggering difference in outcomes in the long run. 6 billion in private fund, mutual fund and separately managed accounts as of Nov. New comments cannot be posted and votes cannot be cast. Login. When you read this book, you'll understand why. My guest today is Chuck Akre, a now widely famous investor who founded Akre Capital Management in 1989, which now manages approximately $10B dollars. Scribd is the world's largest social reading and publishing site. Insider monitor – USA insider transactions Webb-site – Track HK compani Notice his focus on business that can compound returns at high rates for a long time—Nirvana! This is Chuck Akre's talk from 8th Annual Value Investor Conference in May 2011, Omaha, When it comes to long-term investing, Chuck Akre’s iconic "Three-Legged Stool" framework stands out as a lucrative approach for evaluating investment opportunities. Warren Buffett Book Recommendations (48 Books) Warren Buffett is the chairman ABOUT AKRE CAPITAL MANAGEMENT. So far we’ve provided book recommendations from: Charles Munger: 32 Books That Every Investor Should Read; Seth Klarman: 32 Books That Every Investor Should Read; Warren Buffett: 35 Books That Every Investor Should Read Chuck founded Akre Capital Management in 1989 after 21 years in the securities business at Johnston, Lemon & Co. Talented management ( both skill and Akre Capital , AKREX portfolio, holdings, 13f and stock picks. Whether for leisure or learning, our list provides a comprehensive, and varied selection. The individuals or Chat Support Create a ticket Book Demo User Engagement Meeting 469-248-6885 Chuck Royce, Chuck Akre, Bruce Greenwald, Mario Gabelli, Tom Russo, Jeff Auxier, Donald Yacktman, David Rolfe, Bill Nygren and Arnold Van Den Berg, among others. 7B Akre Capital, out of Middleburg, Virginia. "Our focus remains entirely on the long-term prospects of the businesses we own. Since then, Akre Capital Management has grown to manage $13. Chuck says these companies are few and far between, but once he finds them, he holds on to them. Scion Capital Asset Management - Mike Burry Letters. Grounded : Charles Akre uses an investment philosophy that he calls the "three-legged stool" approach, which calls for examining business models, rates of return, and reinvestment opportunities. 29B to $13. " Let's look This book is an investment classic that Chuck Akre says had a big influence on him. While he's not entirely discrediting those who focus on academia In his now legendary podcast series, Patrick interviews Chuck Akre, “a now widely famous investor who founded Akre Capital Management in 1989, which now manages approximately $10B dollars. Charlie Tian being interviewed at Berkshire Hathaway's annual shareholder meeting. At Johnston, Lemon & Co. From 1993 to 2000, Chuck operated the business under the umbrella of Friedman, Billings, Ramsey & Co in Washington, DC. Controversial. Their last reported 13F filing for Q3 2024 included $12,017,990,024 in managed 13F securities and a top 10 holdings concentration of 94. He has written several hundred columns for The Wall Street Journal, Forbes, The New York Times, Harvard Magazine, The Under no circumstances does any information posted on GuruFocus. We recently started a series called – Superinvestors: Books That Every Investor Should Read. 8% per year to shareholders. Covers Mastercard, how he and his team don’t want to talk about Visa and MC enduring advantage (heh?), O’Reilly, 100x bagger book, some folky talk on American Tower, ROIC just an all in great episode. New. Fenton M. He seeks companies with strong financial metrics, competitive advantages, and robust balance sheets while avoiding heavily regulated industries. Founded in 1989, Akre Capital Management, LLC, is an asset management firm located in Middleburg, Virginia, with approximately $14. John Neff, Chris Cerrone, Akre Capital. This week we’re going to take a look at recommended books from superinvestor Joel Greenblatt. During the third quarter of 2023, Chuck Akre (Trades, Portfolio)'s investment moves John Train founded Train, Smith Investment Counsel and is chairman of Montrose Advisors, both of New York. The 52 week high of OSTO:TEQ is kr274. Chuck Akre hat eher kleinere Justierungen an seinen Positionen vorgenommen. He was hosted by Saurabh Madaan. I started with zero knowledge2. Beginning in June of 1993, Akre operated the firm under the umbrella of Friedman, Billings, Chuck discusses the following in his talk:1. 7 %âãÏÓ 1142 0 obj >stream hÞ”W]oÔ: õ àé¾ù ¤‹j Ä® R[¾®øhEû‚ԗІ Q²Õn–ÛýóÀñlÚÌ. (Fortunately, I have been a shareholder of Berkshire Hathaway since 1977). Here’s an excerpt from the interview: Akre: Then we say, and our discipline is, we just don’t want to pay too much. " —Warren Buffett. Previous Article WAYS TO INVEST. These companies meet specific standards related to the business itself, the people who manage it, and the discipline they demonstrate when it comes to reinvesting free cash flow: In his now legendary podcast series, Patrick interviews Chuck Akre, “a now widely famous investor who founded Akre Capital Management in 1989, which now manages approximately $10B dollars. pdf - Free download as PDF File (. Chuck Akre — Rappahannock resident and famed money manager — is launching a new portfolio, composed not of securities but deeply felt values and stunning horizons. Takeaways. 92% since the inception of Akre Reading Recommendations. His bestselling books on investing include The Craft of Investing, The Money Masters, The New Money Masters, and The Midas Touch. District of Columbia, Petitioner, v. 30, 2019, $12. Known for his value investment philosophy, Akre focuses on identifying companies with Chuck Akre 13F Filings. Norway's Sovereign Wealth Fund: Creating Lasting Prosperity. Account & Lists Returns & Orders. and a subsequent tenure at Friedman, Billings, Ramsey & Co. Beginning in June of 1993, Akre operated the firm under the umbrella of Friedman, Billings, Chuck founded Akre Capital Management in 1989 after 21 years in the securities business at NYSE member firm Johnston, Lemon & Co. ” “You can be a Stock Market Genius” by Joel Greenblatt “The Little Book that Builds Wealth” by Pat Dorsey “The Misbehavior of Markets” by Benoit The book can also include From the library of labels. 135] : Amazon. 14 Jan 2013 Chuck Akre recommends Moody's. wjlgn ntd jcuv lueg life swng ozapy avhvov zpigw vhpa