Buy opportunity Markel (MKL)?

By herbalix, December 21, 2012

Hi Travis and the Irregulars,
just wondered if anybody has some thoughts on Markel (Mkl). They dropped pretty bad (10%) recently after buying out Alterra Capital Holdings. Shareholders seem unhappy about that. I have been watching them since Travis bought them and introduced them to us. So I wonder if this is a great buy opportunity or rather not? Thanks.

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Travis Johnson, Stock Gumshoe

I’m writing more about this for the Irregulars today, but the short answer is yes — I’m buying more. Don’t know if it’s a great opportunity, but I think it’s a good one.