Topic Archives: Markel (MKL)

“Strong Buy Alert” teased by Motley Fool Canada — next “Forty Dollar Frank” Stock?

I’ve been seeing ads for the Motley Fool’s Stock Advisor Canada service recently that catch the eye… mostly because they promise what we all want, the ability to find that one stock that will turn your small investment into a life-changing fortune. They do this by starting with the story of “Forty-dollar Frank” …. “When […]

“Retire on one $4 stock?” Profits Run teases this is “like buying Berkshire Hathaway back in 1967!”

This teaser solution was originally published on January 22, 2019, when we first saw the ad running. The ads have still been running in recent weeks, and we’re getting questions about it again, so we’re re-posting it here for your information. The ad has not changed, and my article below has not changed, though the […]

Brunch with Markel

Markel hosts a brunch each year following the Berkshire Hathaway Annual Meeting, and has done so for 25 years now — during which time the company has grown considerably, from a small $100 million family-controlled specialty insurance company just starting to explore value investing with their new portfolio manager, Tom Gayner, to a $12 billion […]

“One of the best biotech companies that I’ve ever looked at…” Plus some updates for the Friday File

I’ve got a big ol’ pile of updates and thoughts about a dozen or so companies to get to, but we’re going to start with a teaser solution today. Paul Mampilly of Agora Financial’s FDA Trader apparently sent around a teaser note to his own subscribers (I say “apparently” because I’ve only seen the cut-and-paste […]

Lisa Rapuano, “Finding Your Way Along the Many Paths of Value”

These are my notes and instant reactions from a presentation at the Value Investing Congress, the notes below might contain errors, paraphrases, incorrect quotes, or misinterpretations. Lisa Rapuano presented about the importance of personality and temperament in managing your own investment portfolio. A common trait among successful investors is adherence to a process. I took […]

Back to 1.2X Book, Good for Greenlight, and Some other Updates on New Stocks and Favorites

Markel released their earnings last night, and they were, well, typical very good Markel earnings — they actually had an above average year in some ways, with good underwriting and not much catastrophe loss and good increases in sales (written premiums). And now, after crashing to about 1.05X book value after announcing the Alterra acquisition, […]

Comments

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    Remorse is selling 100 shares of MKL, Markel that I bought at $375.00 and selling them all at $776... only to continue t...

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    Travis, do you think buying BRK.B (the real deal!) now at $214 would be a sound decision? Buffet apparently said that ...

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    I like that advice. I recently ran across a stock (MKL) selling for over $1K - a bit pricey for me and never could buy 1...

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    I'm glad MKL has worked out well for you. I had purchased this Berkshire mini-me in Jan 2006 and had held it for 4.5 ye...

  • Travis Johnson, Stock Gumshoe

    Thanks Britt, I've also been adding to MKL for the first time in a long time recently, and still own some FB (stopped ou...

  • Travis Johnson, Stock Gumshoe

    It wasn't long ago that Markel finally dipped below 1.5x book value and let me start nibbling again, and this is a long-...

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    Just clicked on this thread. I purchased some Markel way back in January of 2006 upon some recommendations in the Motle...

  • Travis Johnson, Stock Gumshoe

    I think you’re probably right about it not hitting $350 again, but don’t beat yourself up over a great gain! Maybe ...

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    MKL haunts me Travis. I purchased quite a few shares at $420, financial crises hit and it pulled back 40+% as I kept buy...

  • Travis Johnson, Stock Gumshoe

    I don't know when Tom Gardner first recommended the stock, but at least some of the Motley Fool services, particularly t...

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    They have been pushing Markel for atleast 2 or 3 years now. I had a subscription to Motley Fool for 3 years. I finally...

  • Travis Johnson, Stock Gumshoe

    Markel doesn't pay a dividend because, as with Berkshire, the goal is to reinvest their insurance earnings into investme...

  • Travis Johnson, Stock Gumshoe

    You're a lot pithier than I am... but yes, I do think Markel is a bit pricey these days. Still own it, still a great co...

  • Travis Johnson, Stock Gumshoe

    Markel just reported, haven't looked at the details yet but it appears to be another decent quarter given the record 201...

  • Travis Johnson, Stock Gumshoe

    I don't lose sleep, but I'm mindful of the fact that I want to own Markel in 20 years and expect it to be dramatically h...

  • Travis Johnson, Stock Gumshoe

    Few people trade in and out of Markel shares with regularity, it's not a jumpy or high volatility stock -- there should ...

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    from non-investors As Buffett always likes to quote actors, comedians, writers, and athletes in his annual letters to m...

  • Travis Johnson, Stock Gumshoe

    I guess I should start compiling a list of the stocks that have been pitched as the "Next Berkshire Hathaway" in the pas...

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    Between January 4, 2016 and January 4, 2017, the S&P 500 gained 25.5%, Berkshire Hathaway B shares 12.8%, Markel 5....

  • Travis Johnson, Stock Gumshoe

    I haven't seen an ad to that effect recently, though I know Tom Gardner and many at the Fool have been big fans of Marke...

  • Travis Johnson, Stock Gumshoe

    Fairfax tends to be pretty volatile and Watsa makes some pretty big equity bets, so there may well be dips for buying if...

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    P/B is about 1.3 which is not ideal, but still better than Markel and BRK at the moment....

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    I'm trying to decide between Markel, Fairfax and Berkshire. I think Markel's valuation is a little too high. But I thi...

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    The stock market might be in for a double whammy if Trump wins next week and the Fed raises rates in December. There ma...

  • SoGiAm

    Not a comet, but an enigmatic proton-arc #aurora over British Columbia (Photo: Dave Markel) http://spaceweathergallery.c...

  • Travis Johnson, Stock Gumshoe

    Down to just Markel, Berkshire and AIG warrants right now. I'm not enthusiastic about valuations at any of those, though...

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    Hi Travis, may I ask which insurers you hold besides Markel, and do you think any of them are at reasonable entry points...

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    Markel is one of those stocks that lost 50% of it's value in the 2008 crash but since then has gained 400%. I would be ...

  • Travis Johnson, Stock Gumshoe

    I really like Markel and have owned it for a decade or so, but the current valuation seems pretty extreme to me. Not se...

  • SoGiAm

    Barchart.com's Chart of the Day - Merkel Corp. For May 23, 2016 The Chart of the Day belongs to Markel Corp. (MKL). I ...

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    & the oracle at Omaha Knows about insurance, and reinsurance like Markel??...

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    Travis: Thanks for the cogent, thorough explanation of Markel. It sure has been a winner for me and seems like a good ...

  • Travis Johnson, Stock Gumshoe

    Not clear on where tipranks is getting its info, they seem to have a very small amount of data (7 picks since 2009) but ...

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    Did you look into Fair Fax , they were trading at 1.1 Book value recently and a great insurance company similar to Marke...

  • Jason

    Thanks for the write-up on Markel. I've followed BRK fairly closely for a good ten years or more, but this is the first ...

  • Travis Johnson, Stock Gumshoe

    I don't know Swiss Re in detail, but it's far larger -- much more of a play on the whole reinsurance industry than it is...

  • Travis Johnson, Stock Gumshoe

    Now AXS is buying PartnerRe -- getting more scale in the reinsurance business. If this were driving the shares down I'd...

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    MKL and BRK have tracked each other closely for many years now -- and since the dip and great buying opportunity in MKL ...

  • Travis Johnson, Stock Gumshoe

    I always hope for a bad quarter from Markel to bring down the shares for another nibble. They do have some available...

  • Travis Johnson, Stock Gumshoe

    All else being equal, I'd be much happier buying 10 shares of a $135 stock than 100 shares of a $13.50 stock. When I wa...

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    Excellent work, Travis, as always! Please tell us a little more about Markel (MKL). We know there's a lot of contro...

  • Travis Johnson, Stock Gumshoe

    Not a lot of detailed thinking recently, but the basics are: Markel is about as expensive as it's been since the cri...

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    Hello travis, I want to add to my Markel position. At what price would you buy more?...

  • Travis Johnson, Stock Gumshoe

    Markel results out today -- excellent performance on the quarter, though book value didn't rise as much as I optimistica...

  • Travis Johnson, Stock Gumshoe

    One of my earlier stock purchases was a single share of stock in Berkshire Hathaway -- by then the B shares were well ov...

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    Hey Travis, Happy Holidays. I bought some Markel today. I appreciate your keen insights a lot. : )...

  • Travis Johnson, Stock Gumshoe

    They bluster with the same hyperbole for pretty much all of their picks -- and they have great patience for the best of ...

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    Travis, I always look forward to your comments and while I have nothing against MKL I wonder why you do not prefer FFH.T...

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    Sharebuilder allows a person to purchase a $ amount of a stock instead of an actual number of shares, if you sign up for...

  • Travis Johnson, Stock Gumshoe

    That could well be true, given GLRE's star connection and relatively short history so far, it's hard to say what the mar...

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    Do you mean Markel, as in insurance?...

  • Travis Johnson, Stock Gumshoe

    They may not have pioneered the over-the-top email pitch, but they've certainly been using it aggressively for at least ...

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    Hi Neil -- those two volatile ones (BOBS and NPD) are certainly lighting things up! They still make me nervous, but I m...

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    Interestingly enough, James Altucher, who I've corresponded with about Markel in the past a few times, just wrote a note...

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    And after the Crash of '08, Markel stock can be bought for about $300 a share. If nothing else, it is a nice way to buy...

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    Well, with the way the market is going I can't encourage anyone to look at Loews versus the competitors I mentioned -- a...

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    Yep, WTM was pretty heavily promoted at the "next Berkshire" for a couple years (in almost exactly the same way that Mar...

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    Just to note... the C&C version of this promo isn't still being sent out, partly because of the point E. makes on th...

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    Thanks Mike. All depends how you look at it -- Berkshire Hathaway is a $200 billion company, so Markel could expand 50-...

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    Good points, student of wealth. This has been a Fool favorite for several years, from $200 to $500 and back down to $40...

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    Good point on the likely poor year for insurance profits -- this can be a good time to buy if good cos get beat up. Mark...

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    Good point on the likely poor year for insurance profits -- this can be a good time to buy if good cos get beat up. Mark...

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    Warren Buffett said recently the insurance industry faces a lot of challenges and didn't see much growth going forward. ...

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    Warren Buffett said recently the insurance industry faces a lot of challenges and didn't see much growth going forward. ...

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    Jerry, I think you need to wrap your head around the fact that the dollar price of the stock means almost nothing. When...

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    The Fool's "next Berkshire" is Markel, I wrote that one up separately -- it's a fairly similar insurance company to Whit...

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    My guess is no, they're using stocks in their ads that they're convinced are long term picks and, perhaps more important...

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    Excellent report - not sure about Markel though....

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