Topic Archives: Markel (MKL)

So… what’s happenin’ this week? I’m still wrapping my head around whether or not I’m interested in building a position in Coinbase (COIN) (or Voyager (VYGR.CX, VYGVF), or other brokerage/exchange companies in the cryptocurrency space), so I’ve been curious to watch the shares of COIN slowly drift down as Bitcoin prices fall from their highs. […]

It’s time for part two of our Annual Review, this week I’m getting to a few of my largest holdings, including some that reported earnings recently and have had a big impact on the market. In the big picture, we’ve seen what impact a surprise event like the viral epidemic in China can cause… and […]

Happy Friday! I’ve got another reading assignment for you today… the researcher behind the Dunning-Kruger effect posted an interesting article called “We Are All Confident Idiots” a couple years ago that just came to my attention (I think someone posted it on Twitter, but forgot to jot down the original source). Here’s a little excerpt, […]

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 […]

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 […]

This is not a fundamental look at any of these stocks, but just a quick update on my personal portfolio. Like you, I have many priorities in my life… and some of those priorities changed a bit over the last week or two, so we’re considering some real estate transactions that make it important for […]

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 […]

Each year I go through all of the stocks that I either own personally or have brought to the attention of the Irregulars (there’s quite a bit of overlap on those lists), and I make sure to update my thoughts and opinion on that stock in an organized and, hopefully, disciplined way — that helps […]

Well, today I did what Tradestops told me I should have done a couple months ago: I sold the rest of my Greenlight Re shares. Greenlight Capital Reinsurance (GLRE) is a Caymans reinsurance company Chaired by David Einhorn, the famed hedge fund manager. Its primary reason for being is to give Einhorn a large “captive” […]

All of you, dear Irregulars, know that Stock Gumshoe is not a “tip sheet,” and I don’t operate a portfolio for other people to emulate or copy, or even attempt to track the stocks we cover as if they were a portfolio of buys and sells with consistent trading advice… but I do keep a […]

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 […]

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 […]

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, […]

Everyone in the investing punditry game has to make predictions, so I’ll go out on a limb here and let you know which of the stocks in the Gumshoe universe I’m most excited about for the coming year. I’m also, so you know, going to be revamping how I present and track the “Idea of […]

I just added to my holdings in Greenlight RE (GLRE), which was featured as our Idea of the Month recently. Why? Mostly because the stock is a little cheaper, and other insurers are starting to indicate that they’re hurting when it comes to their investment returns — the most recent warning was from a different […]

I’ve spent the past couple weeks going over my updated opinions on all of the past “Idea of the Month” stocks (or at least, those that haven’t already been dropped from coverage over the years), and I promised to put them all in one big list in order of likingness (yes, I know it’s not […]

I picked up a few more shares of Markel (MKL) today. The specialty insurer had an awful quarter, announced this morning — big losses, and terrible investment performance. Probably not terribly shocking, since we’re coming off of a couple big storms and the company’s portfolio focus in strongly on value investing, and we all know […]

Comments

  • Markel is usually cheaper, than Chubb, and while its reputation as an underwriter is arguably a step below Chubb’s the...

  • So I guess the question is -- why do you seem to prefer MKL for investment, particularly for what you describe as your c...

  • Travis: thanks for the update on MKL. It’s an interesting company. Will wait until the next crash before buying the st...

  • Is MKL subject to foreign tax withholding?...

  • Motley Fool's Stock Advisor recommended MKL on March 15, 2018 when it was $1,139/share. Their chart of it vs. the S&...

  • I bought MKL in 4/2007 and put half as much in AAPL 6/2007. Markel is up 150%. Apple is up 3300%. Man I which I had d...

  • The stocks I buy or sell in a week are always noted in the Trade Note at the very top, part of the Quick Take. This we...

  • Could it be Markel MKL?...

  • They use that terminology a lot, over the past year or so it has mostly been used to pitch Markel (MKL) or The Trade Des...

  • This is a repeat they've shared many times over the years, pitching Markel (which I also have owned for a long time, tho...

  • MKL has a target, depending on which group of analysts of 1000 to 1053 (why 3?) so your 6% uptick in book value is prett...

  • Trade Note: Not a lot of detail here, but I did some selling and buying so I've got a little updating to share ...

  • FYI, Markel just announced that their quarterly conference call will be held on Wednesday morning (April 29). Annual me...

  • The Fool has teased several stocks as "double down" opportunities in the past few years, as I recall, including Markel (...

  • Ouch. Sorry for the various cannabis losses you've endured. Seem like the whole industry got hit and is on pause for a w...

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

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

  • 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...

  • 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...

  • 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...

  • 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-...

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

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

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

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

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

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

  • 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...

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

  • 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...

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

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

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

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

  • 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...

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

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

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

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

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

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

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

  • 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 ...

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

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

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

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

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

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

  • 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 ...

  • 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...

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

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

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

  • 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...

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

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

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

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

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

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

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

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

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

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

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

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

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

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

  • 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...

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

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

  • 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...

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

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

  • 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...

  • 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...

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

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

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

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

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

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

  • We use cookies on this site to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies.

    More Info