Famous Quotes from Chuck Akre

1. "The ability to earn earnings upon earnings is essentially the definition of compounding. In the long run, we feel strongly that the rate at which the value of a business compounds will approximate its returns on reinvestment."

2. "Dividends are the route to average returns, and our goal is decidedly to seek above-average returns. Excellence in reinvestment is the route to such returns."

3. "The reality is that the price a shareholder pays for a wonderful business is typically a substantial multiple of the actual capital invested in that business."

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Source: ValueInvest.Wiki