What do you guys think of Markel (MKL) for long term? That stock has beaten S&P 500 for every year since going public. If you look at their graph, you'll see that it did well even in bad markets (200-2002) and during Katrina where company (being insurance company) lost lot of money. Some analysts are saying that MKL is going to be new Berkshire Hathaway. I checked lot of stocks and only stock that comes even close is Harley Davidson (HOG) and BRKA (Berkshire) Anyway I am thinking about dollar averaging on this stock for few years and see how it goes. Any opinions? Thanks
Good question actually, but not to worry. I think any time you invest in this company is a good time. just look at their graph since IPO. It is up every year, regardless of the market conditions. I know previous performance is not indicator of how will perform in the future but in this case I am willing to make an exemption. Plus their financial are so strong and their balance sheet is clean as I can tell. I think I'll buy them and Harley Davidson.