MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Fund Manager Focus: Chuck Akre, Manager, Akre Focus Fund

Comments

  • CharlesCharles
    I like his investment strategy. But he still charges too much for AKREX at 1.36% with $2.4B AUM.
  • Art
    What concerns me is his age, which I believe is 70. How much longer will he be interested in managing money?
  • CharlesCharles
    edited November 2013
    Reply to @Art: For the rest of his natural life. No plans to retire. :"Look at Warren Buffet and Charlie Munger," he cites. Apparently, it's a question he gets a lot. He says his success is a team effort and he has trained several of his Akre teammates to be good investors, not just good analysts.

    They had a good teleconference recently and I understand the link to the mp3 will be available once it clears legal.
Sign In or Register to comment.