🧵 Chuck Akre is one of the best quality investors of all time. Grab a cup of coffee and learn how you can find Quality Compounding Machines on the stock market.
Chuck Akre's investment philosophy can be summarized as follows:
“We invest in companies that meet specific standards related to the business itself, the people who manage it, and the discipline they demonstrate when it comes to reinvesting free cash flow.”
Chuck refers to this investment approach as “The Three-Legged Stool”. As an investor you should buy great businesses with integer management which can reinvest a lot of their free cash flow in future growth. When you can find these companies, you discovered a
compounding machine