GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Best Ideas Conference 2013 - Markel Insurance by John Tarasoff

November 01, 2013 | About:
Canadian Value

Canadian Value

109 followers
Josh-Tarasoff Markel Insurance

About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 4.6/5 (13 votes)

Comments

dwhitney
Dwhitney premium member - 9 months ago
I quite like John Tarasoff. I think he ought to be added as a "guru"
vgm
Vgm - 9 months ago
Interesting. Thanks. We should keep in mind it's almost a year old.

Pulling together a couple of other views on MKL:

https://www.islainvest.com/wp-content/uploads/2013/10/VIC-MKL-Submission-Final-v3.pdf

http://www.gurufocus.com/news/233320/grey-owl-capital-q3-2013-investor-letter

And notes from the 2013 annual breakfast with Markel:

http://www.scribd.com/mobile/doc/141383973
TannorP
TannorP premium member - 9 months ago
Thanks for the post,

I have been researching this company over the last few weeks and missed this presentation. I am seriously contemplating buying shares, at a 20% CAGR B/V (provided it can continue) is worth quite a bit more than 1 year of future growth anticipation in my view.

This article provides insight into the deal and potential synergies between the two companies.

My problem is finding the underwriting history and (multiple years) annual reports of Alterra, if anyone can provide a link it would be much appreciated.

psyclone
Psyclone premium member - 9 months ago
we've not had 20% CAGR for quite some time with MKL although it is a compounding machine. I think low teens growth is a reasonable assumption going forward with anything north of that a bonus (with the Q3 results today we're 14% YTD). MKL is and has been my largest holding for several years. I am a huge admirer of Tom Gayner and look forward to many more years of his prudent capital allocation.

Alterra's old symbol was ALTE which still links to company filings on the SEC site:

http://www.sec.gov/cgi-bin/browse-edgar?CIK=0001141719&action=getcompany

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide