written by reader Is Markel a buy?

By macfredmacke, March 7, 2019

MKL is approaching a 52 week low (954.39). Travis are you buying and what are the thoughts of others?

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Frederic MackeyTravis Johnson, Stock Gumshoe Recent comment authors

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Travis Johnson, Stock Gumshoe

I value Markel based largely on book value, I think it’s worth a nibble below 1.5X book and a more aggressive buy below 1.4X book, but this is a stock I’ve held for more than a decade and am stubbornly attached to — I would likely keep nibbling on the way down if it falls further, and that’s not a comfortable thing for a lot of investors. As of the Dec. 31 book value, that would now be $980 for a nibble or $920 for a better buying opp, though that book value is now quite stale so it could… Read More »

Frederic Mackey
Frederic Mackey

Thanks Travis. Appreciate the info and the service you provide.