One Fund’s Long Time Frame is Paying Off

The Akre Focus Fund takes the buy-and-hold strategy seriously, according to an article in The Wall Street Journal. John Neff, one of the $9.8 billion fund’s portfolio managers, explains that investment decisions are made based on four criteria: Analysis of a company’s business model, which involves looking for a “significant competitive advantage, high return on capital and attractive growth prospects.” Strong leadership in the form of “management teams with equal parts skill and integrity, because… Read More