Trying to Solve the Investment Puzzle | Chuck Akre | Talks at Google

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.

[@BradKaellner]

This guy's portfolio is a museum of compounders! The ultimate retirement asset

[@sorenpeterson1856]

Are you also here after listening to today’s Mohnish Pabrai lecture?

[@BradKaellner]

@@sorenpeterson1856 absolutely 🎯

[@cv0669]

lol there's probably dozens of us DOZENS

[@lordraja297]

@@cv0669 haha YUP, over 24 or even 36

[@darshanjain8458]

me too

[@octhx]

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

[@raghvinderjoshi4667]

Simple and brilliant. If compounding is considered the Eighth Wonder, simplicity should be treated at par.

[@KubazTKDLBL]

When legend speaks I listen.

[@DrewHuangLiangHui]

Very insightful!

[@100foldreturn1]

Very good presentation. Thanks for sharing.

[@RoyalAce2]

An investor's investor who's done very well for this one.

[@ConvergenceTrader]

Love from Bihar, India ❤

[@AlessandroOrlandi83]

Very good video!

[@varunjain7895]

Extremely good..

[@motleyd]

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.

[@ravindertalwar553]

CONGRATULATIONS 👏👏

[@vroomkeys]

Legend

[@mrgyani]

He doesn't have 2 hundred baggers, one of them is a 2500 bagger, he got 2500x return on berkshire hathaway..

[@jimjackson4256]

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.

[@manunes4598]

@@jimjackson4256 see his returns von American tower .. see his returns the last 10 years , Berkshire was the smallest part of that

[@DKForensic]

Nice lecture.

[@SebastianRodriguez-ep9cm]

excelente , gracias!!!

[@prathameshgaikwad9536]

Felt like listening surabh mukrehja Both have almost same strategies

[@IMSRGURJAR]

Love you ❤️

[@moneycreator007]

Love from soic

[@Lifeissorich.]

24:30

[@pabloespinosa8691]

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.

[@beefquiche]

Position size. Unfortunately those higher beta positions have a much smaller size in his portfolio. "Risk adjusted".

[@arminsebastia]

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.

[@juanmanuel-io6cc]

Alguien lo tendrá subtitulado al español ?

[@matiassanchez8352]

Puedo traducir las partes más importantes

[@guharup]

I have a question: How much wood could a woodchuck chuck if a woodchuck could chuck wood?

[@rajuphiaju4225]

How roe is 20%

[@sharanisrani]

Earnings(1) divided by book value(5)

[@rahulmane1449]

He's Indian! i guess

[@jmnthe3rd]

Is he supposed to be "teaching" something? It sounds like he's just selling his fund.

[@jimjackson4256]

When you get to the traffic light turn. Which way and from which direction? This guy is full of crap.