Markel (MKL) - Best out there?

Discussion in 'Stocks' started by 220volt, Nov 17, 2006.

  1. 220volt


    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?

  2. georgie


    damn........where were you in january?
  3. 220volt


    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.