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

Comments

  • I like his investment strategy. But he still charges too much for AKREX at 1.36% with $2.4B AUM.
  • What concerns me is his age, which I believe is 70. How much longer will he be interested in managing money?
  • 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.
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