Charles Akre on avoiding distractions

We work in a town with one traffic light...  It makes the decision process so much simpler.  Einstein: "Make things as simple as possible."  We tell people, when they get to the light, turn.  Sooner or later you'll get to us."  What's really important is that in... Central Park South in New York or in downtown San Francisco or Los Angeles, we'd be surrounded by hundreds of people who were very bright and very interesting.  And the reason we're in a town with one traffic light away from that is that their stuff would be intellectually appealing to us and it would distract us from what it is we do well.

~ Charles Akre, "Characteristics of 100 Baggers Stock," 8:35 mark, June 15, 2022