Intelligent investors should be skeptical when reading about companies that could be the “next Berkshire Hathaway” or executives who resemble a “younger Warren Buffett”. The reality is that very few companies have even a remote chance of replicating Berkshire’s 20.8
Getting In on the 50th Floor
The process of compounding wealth is best characterized by an interesting paradox: What is very exciting to observe, in retrospect, over long periods of time can appear to be relatively dreary and dull while actually living through the process. The
Markel Ventures Gains Momentum
“On the Markel Ventures front, in a word, the first nine months of 2016 were fantastic … our cyclical business has enjoyed strong revenues and earnings as the management team did a great job of making hay while the sun
A Closer Look at Markel Ventures
Markel Ventures is a wholly owned subsidiary of Markel Corporation focusing on acquiring companies outside the insurance industry. Starting with the $14 million acquisition of AMF Bakery Systems in 2005, Markel Ventures has grown into an operation that generated over
Alleghany Corporation
“More people should copy us [Berkshire Hathaway]. It’s not difficult, but it looks difficult because it’s unconventional — it isn’t the way things are normally done.” — Charlie Munger, 2000 Wesco Financial annual meeting Alleghany Corporation is a holding company