1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Sydnee Gatewood
Sydnee Gatewood
Articles (284) 

Chuck Akre to Speak at 2018 GuruFocus Value Conference

The guru seeks 'compounding machines'

September 12, 2017 | About:

Renowned value investor Chuck Akre (Trades, Portfolio) founded Akre Capital Management in 1989; his team invests in “a select number of what [they] believe to be extraordinary businesses.”

Utilizing a strategy known as the “three-legged stool,” Akre and his fellow portfolio managers, Tom Saberhagen and John Neff, focus on the quality of the business itself, the skill of the management team and its ability to reinvest free cash flow. When a company meets all three of these requirements, Akre’s firm considers it to be a “compounding machine” and pursues investing in shares at a modest valuation.

With $7.2 billion in total assets under management as of Aug. 31, Akre’s five largest positions are American Tower Corp. (NYSE:AMT), Moody’s Corp. (NYSE:MCO), MasterCard Inc. (NYSE:MA), Markel Corp. (NYSE:MKL) and Visa Inc. (NYSE:V).

Since its inception in August 2009, the Akre Focus Fund Retail (AKREX) has returned 14.85% and the Akre Focus Fund Institutional (AKRIX) has returned 15.15% as of June 30, beating the Standard & Poor's 500’s total return of 14.06%.

In their second-quarter letter to shareholders, Akre and his team said that while Wall Street is constantly shifting, they remain “far from the madding crowd” and focus “solely on identifying the best all-weather compounding businesses [they] can find and paying reasonable-to-attractive valuations for their shares.”

Akre will be speaking at the 2018 GuruFocus Value Conference in Omaha, Nebraska in May. For more information and to register, follow this link.

About the author:

Sydnee Gatewood
I am an editorial assistant at GuruFocus. I have a BA in journalism and an MA in mass communications from Texas Tech University. I have lived in Texas most of my life, but also have roots in New Mexico and Colorado. Follow me on Twitter! @gurusydneeg

Rating: 5.0/5 (1 vote)

Voters:

Comments

Please leave your comment:


GuruFocus has detected 8 Warning Signs with American Tower Corp $AMT.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by Sydnee Gatewood


User Generated Screeners


jimshiSP500_rsi_35_AVE200
pbarker46Begin here 3
DBrizan2017sep22 1045p
davidprocidaRuleOne
davidprocidaRuleOneScreener
andrewgu999nick scali style
liuzishudeep value non-div
alexbernal0GuruMain
star1907Rule #1
star1907C3 20% Growth 5 yr
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK