The founder of a $10 billion asset manager that’s beating 95% of its peers reveals the single most important attribute he looks for in a company
|07/23/2019||Posted by BusinessMediaguide.Com under General World News||
- Chuck Akre — the founder of Akre Capital Management, which oversees over $10 billion — says brainpower alone will not make you a good investor.
- He outlines the single attribute he looks for in a potential investment, and discusses how he keeps his investment philosophy as simple as possible.
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You don’t need a PhD to be a successful investor. And if you do have one, you’re not guaranteed anything.
If you disagree with that statement, just take a look at Long-Term Capital Management.
Despite being run by Nobel Prize-winning economists, the $126 billion firm promptly collapsed after read more >>>