Chuck Akre Describes his approach to finding excellent businesses and not paying too much
American Tower (“AMT”) was mentioned as one of Mr. Akre’s investments.
My weekend plans include spending time with American Tower: http://www.americantower.com/atcweb/irpages/irannualreports.asp
Perhaps by studying how American Tower has been so successful in redeploying capital at high rates I will learn how much to pay for future growth. We can profit more from studying businesses than be caught up in the sound and fury of the day-to-day noise.
Have a Great Weekend!
Who invented SPAM? http://www.youtube.com/watch?v=anwy2MPT5RE