Saturday, November 9, 2019

Akre Focus Fund

Following up again last weekend's posts about mimicking Warren Buffett's portfolio, on PBS's Wealthtrack this week they spotlighted what they considered to be one of the top mutual funds in the business, The Akre Focus Fund, which in its nearly 30 years of existence has had an annualized 17% rate of return for the last ten years. This is one of the fewer than 1 in 4 actively managed funds that have succeeded in beating the market in the last decade.  It can be had for $44.31 per share and may prove to be an even better example of micro-investing than the Buffett portfolio.  Food for thought.  Enjoy your weekend.


11-8-19 WT- Akre Focus Fund


11-8-19 EXTRAORDINARY COMPOUNDING COMPANIES : WealthTrack



EXTRAORDINARY COMPOUNDING COMPANIES

November 8, 2019
We are always on the lookout for the exceptional on WEALTHTRACK. It’s not easy to find among actively managed mutual fund managers. Only 23% of actively managed funds in all major categories, including stocks, bonds, and real estate outperformed their passive index fund rivals over the last ten years. And only about 8% of U.S. large-cap funds outperformed passive, the smallest margin among all active fund categories winners. No wonder that active U.S. stock funds are experiencing substantial outflows and passive stock funds are gaining assets. In a historic shift, passive assets in U.S. equity funds recently surpassed those in actively managed ones for the first time ever.
This week’s guests are bucking all of those trends. They are active managers in primarily large-cap U.S. stocks. They have been beating the market and peers by substantial margins over the last decade and they are attracting more assets.
Joining us for a rare interview is Chuck Akre and John Neff of Akre Capital Management
WEALTHTRACK Episode #1619; Originally Broadcast on November 08, 2019
Listen to the audio only version here:

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CHARLES “CHUCK” AKRE

JOHN NEFF

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