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Post by bigseal on Sept 22, 2023 18:13:32 GMT
I’ve been following Markel (MKL) for approximately twenty years, but only started accumulating shares (100 shares) over the last three weeks. Wondering if anyone else on this forum owns MKL. It has been often called a “mini Berkshire”. We live in Charlottesville, VA so I may consider attending the annual shareholders meetings which is held about 70 miles away. Any shareholders out there?
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Post by steelpony10 on Sept 22, 2023 19:25:39 GMT
bigseal, No to your question. It’s indeed “comparable” to Berkshire over the last ten years and maybe over time. Berkshire tops VTI,VOO the last 10 years but both surpass MKL. Charley and Warren are near the end so who knows Berkshires future and 2 big equity indexes have done better then an individual MKL stock. When dealing with individual stocks you’re betting on managements. They must have worked their way up so what was their track record on the way up? Check how sports teams manage which is similar. If there’s little info to be found why gamble your savings on the past performance of former managers under different market conditions, go with a safer “comparable” index to MKL.
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comlb
Lieutenant
Posts: 68
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Post by comlb on Sept 23, 2023 3:31:34 GMT
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