Trying to Solve the Investment Puzzle | Chuck Akre | Talks at Google
Вставка
- Опубліковано 9 бер 2017
- Chuck discusses the following in his talk:
1. I started with zero knowledge
2. I needed to figure out what made a good investor
3. What made a good investment?
4. How do you measure the success of a private business, with no share price discovery?
5. What are real returns over time?
6. Why is this the case?
7. There a lots of way to get to heaven (Nirvana)
8. The magic of compounding
9. There is no correct answer!
Chuck established Akre Capital Management in 1989 and, for a time, operated it as part of Friedman, Billings, Ramsey & Co. In 2000, Akre Capital Management again became independent and established its current location in Middleburg, VA in 2002. Chuck holds a B.A. in English Literature from American University.
Moderated by Saurabh Madaan. - Навчання та стиль
This guy's portfolio is a museum of compounders! The ultimate retirement asset
Are you also here after listening to today’s Mohnish Pabrai lecture?
@@sorenpeterson1856 absolutely 🎯
lol there's probably dozens of us DOZENS
@@cv0669 haha YUP, over 24 or even 36
me too
07:09 Rate of return
11:11 Fish in the pond of high return businesses
14:12 The three legged stool
21:11 Reducing risk
24:05 Akre Funds
25:49 Examples
43:20 Q&A
52:05 When to sell
Very good presentation. Thanks for sharing.
Very insightful!
Simple and brilliant. If compounding is considered the Eighth Wonder, simplicity should be treated at par.
When legend speaks I listen.
An investor's investor who's done very well for this one.
Love from Bihar, India ❤
Very good video!
Extremely good..
excelente , gracias!!!
Legend
CONGRATULATIONS 👏👏
Nice lecture.
I fully understand his logic but why do i always feel that it is hard to follow? i have ended up buying cigar butts or indexes.
He doesn't have 2 hundred baggers, one of them is a 2500 bagger, he got 2500x return on berkshire hathaway..
Yea what would his return have been i’d he never bought berkshire?Im going with the averages or maybe just a little higher.I doubt if he gives out that info though.
@@jimjackson4256 see his returns von American tower .. see his returns the last 10 years , Berkshire was the smallest part of that
What book he's talking about? Somehow I can't find it, maybe I don't hear it right
Felt like listening surabh mukrehja
Both have almost same strategies
Love you ❤️
Love from soic
24:30
Hi! Does anybody understand why if Chuck has invested in multiple 100x baggers why in the last 7 year he has only outperform the S&P by 3%. I understand that 3% compounded is a lot but mathematically considering a 100 bager in your portfolio the return should be much higher.
Position size. Unfortunately those higher beta positions have a much smaller size in his portfolio. "Risk adjusted".
His position sizes seems to put him in mungers closet-indexer category. I wonder why would he like to do that instead of the low-risk max-concentration mungerian/himalayan approach.
Alguien lo tendrá subtitulado al español ?
Puedo traducir las partes más importantes
I have a question: How much wood could a woodchuck chuck if a woodchuck could chuck wood?
How roe is 20%
Earnings(1) divided by book value(5)
He's Indian! i guess
Is he supposed to be "teaching" something? It sounds like he's just selling his fund.
When you get to the traffic light turn. Which way and from which direction? This guy is full of crap.