How Chuck Akre Is Repeating His Success

The manager of Akre Focus sees a "world full of uncertainties."

The U.S. economy may be limping toward a recovery, and employment numbers may look slightly better today than they did a year ago, but that has had little impact on the portfolio of Akre Focus (symbol AKREX). That's because manager Chuck Akre says his big-picture view of the world is the same as it was in 2012. "Today we see no essential change in the nature of the financial issues confronting the U.S.," Akre says. With "a world full of uncertainties," Akre says, he is staying the course. "We retreat to our much loved three-legged stool."

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Nellie S. Huang
Senior Associate Editor, Kiplinger's Personal Finance

Nellie joined Kiplinger in August 2011 after a seven-year stint in Hong Kong. There, she worked for the Wall Street Journal Asia, where as lifestyle editor, she launched and edited Scene Asia, an online guide to food, wine, entertainment and the arts in Asia. Prior to that, she was an editor at Weekend Journal, the Friday lifestyle section of the Wall Street Journal Asia. Kiplinger isn't Nellie's first foray into personal finance: She has also worked at SmartMoney (rising from fact-checker to senior writer), and she was a senior editor at Money.