Chuck Akre: This Market Is Sideways and Confusing

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Sep 21, 2012
Well-known value investor Chuck Akre of Akre Capital Management was on Bloomberg to discuss his views about the market and his investment strategy.

-- This market is sideways and confusing

-- He is looking for a pullback to buy some of the stocks he has his eyes on. Not buying currently due to the recent run in the markets.

-- Does not believe in economic cycle-driven sector investing but likes investing driven by individual business analysis.

-- Book value is very important metric he looks at in the business he is evaluating, specifically for the insurance companies.

-- Looks at businesses that have been consistently increasing their net worth.

Credit: www.bloomberg.com, Bloomberg

Here is the video:

http://bloom.bg/RAoVsf