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
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