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$326.00 -35.00 (-9.70%)
10/6/2008 4:01 PM

Markel Corp (MKL)

CAPS Rating:
*****

The Company markets and underwrites specialty insurance products and programs to a variety of niche markets and operates in three segments of the specialty insurance marketplace: the Excess and Surplus Lines, the Specialty Admitted and the London markets.

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Avatar ZachMansell (51.30) Submitted: 7/22/08 4:50 PM : Outperform Start Price: $357.07 MKL Score: 8.27

To be honest, I only bought this stock because of the hype created by Motley Fool. That is a terrible reason to buy a stock and I regret that, but that doesn't mean it's a bad stock, just bad reasoning.
According to Motley Fool, the management of this company is very "Buffet-esque" it appears to be following in the footsteps of Berkshire Hathaway. (Using its insurance company to earn money to fund investments).
It has a large chunk of its invested capital in Berkshire Hathaway and so it follows that stock tickr almost religiously. If you do further research into the company (though information is hard to find) you'll see a lot about the effectiveness of the management. That's good, I did research into their income as well and was a little disconcerted by what I saw on the income statements.
Overall: Buy at your own risk, but consider. If this is the next Berkshire Hathaway, 400$ a share is a very reasonable price.

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