We had the great pleasure of speaking with Charles T. Akre, founder of Akre Capital Management, about the long-term evolution of his quality-oriented investment philosophy.
In the wide-ranging conversation, Chuck talks about his early days in investing, how he refined his investment approach over time, red flags when it comes to evaluating management teams, how some companies erode shareholder value imperceptibly but materially over time, and other topics related to long-term outperformance in investing.
The interview was conducted by Alex Gilchrist, research associate at MOI Global.
Members, log in below to access the restricted content.
Not a member?
Thank you for your interest. Please note that MOI Global is closed to new members at this time. If you would like to join the waiting list, complete the following form:
Chuck Akre founded Akre Capital Management in 1989 after 21 years in the securities business at NYSE member firm Johnston, Lemon & Co. At Johnston, Lemon & Co., he managed various parts of the business, including branch management, research, and asset management. Beginning in June of 1993, Chuck operated the firm under the umbrella of Friedman, Billings, Ramsey & Co. Taking the business private again in 2000, he moved the firm to the rural village of Middleburg, Virginia.
Founded in 1989, Akre Capital Management, LLC, is an asset management firm located in Middleburg, Virginia, with approximately $15.9 billion in private fund, mutual fund, and separately managed account assets as of February 28, 2021.The content of this website is not an offer to sell or the solicitation of an offer to buy any security. The content is distributed for informational purposes only and should not be construed as investment advice or a recommendation to sell or buy any security or other investment, or undertake any investment strategy. There are no warranties, expressed or implied, as to the accuracy, completeness, or results obtained from any information set forth on this website. BeyondProxy’s officers, directors, employees, and/or contributing authors may have positions in and may, from time to time, make purchases or sales of the securities or other investments discussed or evaluated herein.