23 Dec 2010 Adding Akre Capital to our Super Investor list ( Portfolio ) We have started tracking Akre Capital managed by Chuck Akre. We have already added a year's worth of portfolio activity to our database. Chuck Akre is one of the best performing money managers of the past decade boasting a 13% annualized return according to Morningstar. Chuck is a value investor with an eye on business quality and potential for compounded growth.
Akre Capital's investment philosophy (from the company's website):
1. A strong business model demonstrating consistent earnings growth, high return on equity or high compound growth rate in book value per share.
2. High quality management who: Have demonstrated a predisposition toward protecting shareholder value in decision making. Act with principle and integrity. Are highly skilled at managing the business.
3. The reasonable certainty of opportunity to reinvest profits at a high compound rate of return.
4. A market valuation allowing purchase at reasonable cost.