Chuck Akre Said This About How to Find 100 Baggers

In this episode I summarize and discuss an interview with legendary investor Chuck Akre, in which he lays out his three-legged stool investing approach that has enabled him to achieve multiple 100 bagger stocks, and many multi-baggers. We look at examples from Akre Capital Management’s portfolio, and how his investment strategy has achieved such impressive returns over the long term.  Timestamps: 00:00 Chuck Akre intro 00:31 Akre Capital Management Portfolio 01:45 Investing from a one traffic light town 03:03 More qualitative than quantitative  03:34 Akre's three-legged stool approach 03:52 First leg 04:55 Second leg 05:25 Third leg 05:53 Not overpaying 06:18 The art of not selling 06:37 Portfolio company: Mastercard 08:22 Importance of keeping it simple 09:16 Importance of the businesspeople 10:33 Portfolio company: O’Reilly Automotive 10:59 100 to 1 in the Stock Market and 100 Baggers 12:50 100 bagger portfolio company: American Tower 14:53 Starting with small caps 15:48 When Akre sells - broken stools 16:19 Outro Related episodes Chris Mayer 100 Bagger Portfolio | Response to Stock Compounder https://youtu.be/vzjCkGWoJfs Chris Mayer 100 Baggers: Stocks That Return 100 to 1! https://youtu.be/59CuGd2aAwg Brookfield CEO Just Said This Re: Stock Market, AI, China, Energy https://youtu.be/AWEvf2DcotI Mohnish Pabrai: Key Investing Lessons from "Circling the Wagons” https://youtu.be/TqC_m7-DPfM Mohnish Pabrai Talks Constellation Software & Mark Leonard https://youtu.be/xPI773-AE-I Investing books recommended in the episode: 100 to 1 in the Stock Market : A Distinguished Security Analyst Tells How to Make More of Your Investment Opportunities - Thomas W Phelps (referral link): https://amzn.to/3JoThMN 100 Baggers: Stocks That Return 100-to-1 and How To Find Them - Christopher Mayer (referral link): https://amzn.to/3NH8OtT The main investment brokerage I use to buy international stocks, and to hold cash, is Interactive Brokers (referral link): https://ibkr.com/referral/john5664 Using a referral link helps support the pod, thanks! I use GuruFocus for historical, financial and valuation data, screeners, charts and comparison tools, to help me make smarter long-term investing decisions (refferal link): https://www.gurufocus.com/?r=2c95d5930bb2537b2e0265075fb66581 Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.