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

Engaging with books has significantly elevated my perspective on investing. True wealth isn't built through mere savings; financial freedom stems from strategic investments. I've learned that accumulating wealth hinges on making prudent investment decisions._

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

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

Love from soic

He's Indian! i guess

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

CONGRATULATIONS 👏👏

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.

excelente , gracias!!!

Alguien lo tendrá subtitulado al español ?

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.

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

Nice lecture.

Love you ❤️

Felt like listening surabh mukrehja
Both have almost same strategies

Love from Bihar, India ❤

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

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

When legend speaks I listen.

Very good presentation. Thanks for sharing.

Extremely good..

How roe is 20%

Video Summary:
Arithmetic proof on investing:
You take a $10 stock with $5 BVPS, and worth $1 EPS. So this stock is 2 time the book value and 10 times the earnings, and 20 % ROE.
Stock price moves identically to the ROE in business. In constant valuation in absence of any distributions, ROE determines stock price.
What kind of capital does that business return.
High ROIC mans that when you borrow money ober ROE you are using that borrowed money to invest in growing the company (and not just Dividends or buying fancy cars for management.)
3 legged stool:
First Leg: High return business, quality of business enterprise.
Second Leg: reinvest capital in the business instead of giving shareholders a dividend
Penny doubles every day for 30 days is more than 750,000, it is a million.
WB: With regards to compounding, either you get it or you dont.
CA: I got compounding when I experienced it.
Brokerage firms creates false expectations and create transactions.
Missing or beating earnings is no big deal.
Powerful computer algos will beat you at Day trading.
We try to be investors of value long term, rather than speculate prices on day trade term.
Invest in companies: More groth, higher ROIC, string baalnce sheet and lower valuations than the market.
Does not have anything to do with volatility.
Average is high single digit or low double digit.
Return in all business is low these days.
Favorite Einstein quotes:
1. Make every thing as simple as possible, but no simpler.
2. Difference between stupidity and genius is that genius has its limits.
3. We cannot solve our problems with same thinking that we used to create them.
4. Only source of knowledge is experience.
5. Imagination is more important than knowledge.
6. True test of intelligence is not knowledge but imagination.
6. Good judgement comes with experience. And experience comes from bad bad judgement.
Be one traffic light city (dont get distracted by noise of wall street). Apply what you have learned to be valuable versus what is said ob Squak box cnbc.
Buy things that you see happening.
Peter Lynch: Would buy all industries in one sector, and then honing into the one best company while dropping others off.

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

Very good video!

Legend

Very insightful!