Reddit Posts
Is this a bullish indicator for an American company?
I bought 1 share of Markel Group Inc. (NYSE: MKL). Was it a mistake?
Are there any good Japanese holdco’s in the vein of BRK, EXOR, INVE, etc?
Markel Q1 results swing to profit, helped by net investment income, gains (NYSE:MKL)
Markel Q4 earnings slide from prior year on higher expenses, investment losses (NYSE:MKL)
Investing in Stocks like Berkshire (BRK-B), Markel (MKL) or Danaher (DNH) vs. Index ETFs?
Mentions
There are a couple I have held 2 decades-BRKB-VMRK-MKL. In that particular portfolio we don’t use our club’s customary 25% trailing stop. Instead buying the dips. There are some I owned a decade and don’t own anymore. My experience has been the creation of life changing wealth. If I couldn’t trounce an index I would buy the index.
$AIG $CB $PGR $MKL are cocking
If Berkshire bails me out of my MKL and FRFHF bags I promise I will never make responsible value investments again
Get MRVL off the board. Failed pump. Put MKL on instead. Average degen is way better off with even microscopic holding in that anyways.
Let the MKL lunacy begin!
No. Do it. Then come back and look at MKL.
No, couldn't get the insurance. MKL
What’s going on with MKL ??
Vlad & HOOD 💯 halting the MKL trade today
To go nowhere. Bruh, *MKL
how heavy are your MKL bags retard
Imagine buying MRVL instead of MKL? It's like SPCE all over again.
And MKL is far more promising
MKL at $2000 yesterday
In before the MRVL clowns 🤡 MKL, anything less is uncivilized.
Wow. MKL just casually sitting at almost $1800.
How is this real life?! Bruh, it's MKL.
"To a Whale of a Wife" 🐋 -MKL
Exactly! Charlie Munger was Berkshire Hathaway in body, but Markel (bizarro Berkshire Hathaway) in spirit. MKL is way. MKL is the play.
Bruh! It's MKL. How hard is this?
Lol. All these SPCE pumpers losing their minds someone might buy MKL over MRVL.
MKL? Yeah, up loads after hours, but slam buy at open.
How many $5 fractional buys does it take to move a $1787 stock? Asking for a ticker, named MKL. -Thank you
In lieu of Marvell / MRVL, is there any chance some sub-sect of degens can get the market to pump Markel / MKL (bizarro Berkshire Hathaway) instead?
60% equal weight S&P 500 20% BRK 20% MKL Own the market and then a basket of insurance + quality stocks + private businesses via BRK/MKL
You can just buy BRKB, or MKL. No guarantee they’ll outperform SP500 yearly though, then again no fund can guarantee that other than Renaissance Technologies.
The float piece is something I didn’t dig into deeply enough. The bond heavy positioning during an inflationary environment is a fair concern. MKL is interesting, hadn’t considered it as a direct peer but the equity focused float strategy does change the risk profile significantly. Going to look at it more closely
Btw most of these insurance companies buy and hold bonds with their "float" (premiums paid in by the customers). You probably don't want to be holding a lot of bonds during times of inflation and war, IMO. MKL is a peer to TRV that invests more in equities rather than bonds. Might be worth a look. It comes with some risk but MKL is a top tier company in property & casualty insurance , as is TRV
I rarely hold a stock that long. Most people don’t hold a stock that long. We can’t prognosticate that far into the future. More importantly, what is your exit strategy? Without a strategy you are just a seal swimming amongst the sharks. Will you freak out if one stocks drops 50%? I already know the answer yet it begs the question. Are you doing any Fundamental Analysis? Technical Analysis? I don’t care for your picks, no disrespect. Your question is more complicated than you may think. I will play my part lest it be said I’m a curmudgeon. BRKB- buy the dips EQR- buy the dips CTRE COPY- buy the dips ABBV PSHZF CRSP- buy the dips until 2030 MKL This is what I have that I could reasonably conceive one may own ten years from now. I added CRSP for future potential rather than Fundamental or TA. Not my best work but what can you expect for free.
If you like brkb, then you might like MKL. They are smaller, and have a similar approach to management, and are also invested in BRKA and BRKB
Unveiling MKL: https://www.reddit.com/r/StockMonitoring/s/4Nog1qGP8M
Buy BRK.B and MKL thank me later
Buy MKL and BRK.B that’s my plan and my best advice for you
Just buy BRK.B and MKL and be happy on days like today
Days like today makes me so happy I buy BRK.B and MKL , give it a try y’all doing chase Tech/Ai
Just buy MKL and BRK.B and you would be happy on days like today lol
Haha I’m just over hear adding to my BRK.B and MKL positions while others lose money on fake meat pump and dumps what a markets to be in lol
Trade war just starting up again get ready with the volatility I’m slowly adding SQQQ while still buying BRK.B + MKL but SQQQ to hedge when the drop comes
For $1000, you can easily earn $400 with 0 risk by opening a Citizens Bank checking and savings account. There's a[ good deal going online right now. ](https://www.citizensbank.com/promo/checking/special-offer-2025-semc5.aspx?offer=SEM2&ctzMode=MKL-SEM--GGL--CHK--CTZ--BR--343266485704--172181940214&campaignid=22127397731&acctid=21700000001657417&dskeywordid=343266485704&lid=43700081363224526&ds_s_kwgid=58700008835593565&device=c&network=g&matchtype=e&locationid=9004380&creative=772511216291&targetid=aud-1987012812604:kwd-343266485704&adgroupid=172181940214&gclsrc=aw.ds&gad_source=1&gad_campaignid=22127397731&gbraid=0AAAAADfAOgEASzNrHPcupnn_1cc0V_lC4&gclid=Cj0KCQjwxL7GBhDXARIsAGOcmIMpZb10lMms2qA0CuSPu7JDTESQMwXpAk3wnyzlvLQqb1Vz9zIItYcaAnCxEALw_wcB)
Buying something without a lot of research can definitely be a mistake. As far as MKL is concerned, it comes down to your risk tolerance as an investor, if you like the company’s management and vision, and if you believe you will receive good enough returns on your investments. To investigate more about MKL, look at their 10Q filing to see how they are doing financially. Then look at their 13F filing to see who they are investing in. Looking at their press releases is never a bad idea either. They help give context to the numbers. https://ir.mklgroup.com/investor-relations/financials/sec-filings/default.aspx You can do the same with Berkshire and compare both of them to see which company aligns best with your risk, vision, and goals for you $2000. MKL has a large stake in Berkshire, but you will also see they also have stakes in a lot of Consumer Discretionary brands and more tech sector diversity. Berkshire focused more on other sectors that are thought to be more defensive in nature, but they also don’t rip as much as MKL would in a tech rally. Looking at their past earnings reports and guidances is where you can better suss out who might perform better with tariff pressures, inflation, unemployment, lower tourism, etc.
Is it that different? I know when I first looked it was CUDA or OpenML and OpenML was pretty bad. When I last looked, both had the BLAS and FFT libraries. BLAS is pretty standardized, right? So, as long as your language of choice is supported, it should be kinda easy to port it now. You're not going to be trying to optimize your twiddle factors manually for an FFT on AMD hardware. It's easier going from CUDA to ROCm than it is CUDA to Intel MKL, I think. And ROCm works on GPU or CPU i think.I'm just curious, because everyone who works in the industry prefers CUDA. There's got to be a reason for that.
...in addition to BRK.A , MKL , & OWL
OWL is where BRK.A & MKL were once. Except, its special is dividends. Those are Infinity Stones for the few real humans here. Our autism knows no bounds!
OWL is where BRK.A & MKL were once. Except, it's special is dividends. Those are real people Infinity Stones
Bots fear BRK.A & MKL so glitched the board
What's the good word on MKL? Hulking as it is, you hear scant words about MKL on here. While BRK.A is all its own, MKL is attainable juggernaut.
if i were INTC ceo i'd make companies like NVDA pay a license fee of 10% for using MKL, off course free on open-source
It’s partially true. But even though AMD may be less power intensive compared to Intel, they’re still power-hungry beasts compared to ARM. And Intel has a lot of proprietary extensions that are relevant for server CPUs. Accelerators like Intel QAT for example. And don’t forget that Intel also makes compilers, which, needless to say, won’t optimize for AMD. Superior computer performance alone is not enough to compete. Take HPC applications: AMD supports AVX, they would actually look like a superior choice for HPC. But that’s a moot point if software relies on Intel’s MKL, which will execute inefficient fallback paths on AMD CPUs. Or why is it that AMD has never managed to become a serious option for machine learning applications? Is it because their GPUs are bad? No, it’s because Nvidia had the first-mover advantage with CUDA and ROCm never took off.
And ask yourself if these investments will be good for the next 30/40/50 years as OP is young. Hint, that's a big fat "no". You've got time on your side and don't have to chase higher returns. Grab some sp500, BRK.B, SBUX, COST, and MKL.
Markel, MKL. Surprised more people don’t talk about this or Tom Gayner. It hasn’t outperformed the market at all in the last 5 or 10 years but that’s probably why it’s good value now.
We expect higher portfolio returns diversifying among cheap stocks with strong gross profitability (MKL has like 16.4B per year gross). But its not cheap for no reason. You have a higher chance of loss, or market tracking error, sequence of return variability, wider dispersion of potential outcomes. Risk!
Price contains a lot of information. MKL is a value play, and a strong one at that. Its got low p/b, its got decent revenues, but its deemed as risky, a lot riskier than large cap blend. MKL has a market cap of 20 billion, so pretty dang big. Avantis fund advisors, the golden child of systematic factor investing, holds MKL in its large cap value fund. From an equity fundamental perspective, MKL has strong future expected returns, but the risks plaguing its business at the moment relative to what the market desires is mismatched, and thus MKL is really cheap right now relative to its fundamentals.
MKL must be messin' up if they ain't on sale, ya feel me?
Depends WHEN you buy. Stock market looks pretty rich to me right now, I would mostly wait until mid-May. If you spend only 5-8k on individual stocks instead of an ETF you should be okay, mix energy, industrial, consumer, finance, resources and tech. Look at lesser known stocks like PH, MUSA or MKL which have solid fundamentals and track record, or stick with better known ones like V or JPM, all safe.
MKL is a good alternative to BRK.
Kept buying Google and Amazon last week with a sprinkling of NVDA. Going to wait and see how this week plays. Maybe buy MKL if it goes below $1500
Gonna buy MKL and GOOGL tomorrow most likely. If Amazon dips below $185 I’ll dabble as well
BRK.B, FRFHF, MKL. Get all the benefits of a 3 fund portfolio plus concentration plus "free" active management.
Traditional equities you say.. in that case, you can never go wrong with moody's corp (MCO) Arther J Gallagher (AJG), fair Isaac corp (fico), Markel group (MKL) , and finally, the goat BRK-B. Also, can't go wrong with a smp500 ETF like VOO.
I doubt it since system builders don’t actually affect the server market that much, which is still dominated by Intel. Issue is migrating from one platform to another has significant cost: Software has been written for the intel platform utilizing Intel only techs (e.g. MKL), additionally some low level optimization may already be assuming Intel architecture. We had issues with AMD because it has worse cache performance leading to worse memory write speed. AMD has better raw CPU performance but not every thing evolves around running prime95.
Lol, you're not looking hard enough. There are 50,000 listed companies globally - 5,000 of which are in the US. I 100% doubt that all of them are overvalued. Some undervalued stocks from my current portfolio: MKL, BABA, FVRR, UPWK, EBAY Those companies are undervalued, but they they're not the best companies in terms of moat (e.g. BRK, GOOG, MSFT, Costco). So, I might agree with you if you said all the "best" companies are overvalued. Although, BRK also looks "fairly valued" to me - I expect it will return 8\~10% in the next few decades.
I had about $300k in cash. Plus another $100k in long term bonds that I had bought knowing that we were entering a recession in 2019. The rest of my money was in passive ETFs. Holy shit. The move on VGLT worked like a dream. I sold and doubled up on a bunch of stocks I had loved for some time. TREX, ISRG, SBUX, NICE, HAS, MKL, JKHY. Worked like a charm. Not every drawdown looks the same. I paid some very expensive tuition fees in 2001 and 2008.
> What do you even mean by this I mean that 1) plenty of people are running 7-13B LLMs (which aren't as bad as you make them seem, my current employer uses such models in production and they work perfectly fine), and some are even doing it on CPUs (especially hobbyists, e.g. kobold + gguf being a pretty common combination), and more importantly 2) LLMs aren't the only type of machine learning out there, and probably still not #1. Two great examples come to mind. The first is RAG (Retrieval Augmented Generation), where you only need an LLM after you've done retrieval (btw, plenty of non-deep-learning ML algorithms exist for this, and Intel-MKL can be a good accelerator for such workloads), and a fine-tuned 1-7B model can be good enough. The second is literally every other model that is running on mobile hardware including VR headsets (did you see/read any of Meta's videos or research in the past ~6 months?). > Nvidia devices are still the best even for inference because all these optimizations make inference so much more efficient and faster. You seem like you selectively read parts, or skipped some. It's a long post, and not very well-written, I don't blame you. Yes, I've touched on the fact that inference-at-scale is still better on Nvidia's hardware in my post, in the section about their moat being bigger than people may think, and I've mentioned not just cudnn but like 10 other libraries too. I am personally using cudnn, tensorrtllm, and deepseed plus RadixAttention for an LLM-based service on AWS, so I know they are the most efficient. But let's not be blind to advances in the field. AMD and Intel may be behind, but they're not useless. Another commenter mentioned some AMD GPUs targeted for data centers and AI workloads, and I mentioned some increased focus on ARM devices (e.g. by some team in my wider department working on AWS Graviton instances). And yes, I also mentioned in my post that this moat will be really hard to overcome for competitors and will take a few years. I even mentioned that it might take 2-3 cycles for them to catch up.
I think this is a pretty coherent analysis - as a scientific computing developer, there's really no other game in town. The Nvidia software stack is just more fleshed out than the competitors, and although shops like Intel have a rich history of building this kind of technology (e.g. MKL), they're too far behind in hardware to really move the needle. ROCm/HIP (AMD) just aren't there yet (while I like the idea of open standards, they're just too decoupled from hardware), and I'm not confident that they will be anytime soon. The training/inference distinction is an important one, but custom silicon is already on the radar for Nvidia https://www.reuters.com/technology/nvidia-chases-30-billion-custom-chip-market-with-new-unit-sources-2024-02-09/ They're not as advanced in this space as others, but they have great fundamental chip design expertise, so I have no doubt that they will catch up quickly. TPUs (Google) are just tensor cores (Nvidia) on steroids. If they ever break into the FPGA market, things will get interesting
No, it's a good comparison. I just haven't mapped it historically yet. MKL has a lower price to book than BRK as of today (1.72 for BRK vs 1.45 for MKL).
I haven't compared the book value, but the stock prices are actually almost the same since the MKL IPO. 1720% for BRK.B vs 1657% for MKL. MKL also pays a small dividend.
I always look at your mentions. Whoa! MKL is just short of $1500 p/s!
They are pretty bad compared to Buffett. It's sort of well known at this point how extremely unimpressive MKL is at allocating capital. Just look at their book value growth against BRK.
MKL still seems really cheap with lots of insider buying lately. Also Tom Gaynor and Lawrence Cunningham are proven capital allocators.
If you don’t have some MKL stock in your big boy portfolio you’re fucking up.
Also a fan of MKL. Where did you see info saying they are based in Nebraska. I thought it was started in Norfolk, VA and headquarters is now Richmond, VA. Just curious if I’m missing something
MKL is a high quality compounder that id criminally undervalued. Only a fool doesn't buy at these firesale prices. Apparently guy at top is as or even more brilliant than Buffett with better returns since he's smaller and more nimble too. Stock has put out incredible results over time. BRK is constrained by size, they are not!
MKL is a high quality compounder that id criminally undervalued. Apparently guy at top is as or even more brilliant than Buffett with better returns since he's smaller and more nimble too. BRK is constrained by size, they are not!
Thanks for the mention--unfortunately I'm automatically throwing out MKL because I don't want to spend $1500 on an individual stock as a starting position lol. (I should switch to Fidelity or something with fractional shares) IBRK--that gross profit margin is insane, but the net income margin is only 12%, and they have P/Es in the hundreds!? The growth doesn't even look that impressive. Am I looking at the wrong company? Don't worry I'm still going to be researching the KNSL one closely.
u/AP9384629344432 We were talking about higher for longer and stocks that benefit.....I was looking at two this morning. MKL They're called the "baby Berkshire" since they are an insurance company based in Nebraska. They also have a fantastic capital allocator as CEO. Like all insurance companies they benefit from higher rates. However, they sort of get a double bonus. They use their free cash to invest in other companies (Berkshire, anyone?) As opposed to just buying treasuries. The last few years have been tough because VCs financed by 0% rates have been scooping up their targets. They could really start to make some moves if rates stay higher. In the meantime, they're buying back stock, and insiders have been buying shares. This is a low key favorite in value investor circles, so there's a lot of information about it. IBKR Surprisingly cheap, but they are growing customer count by 10% annually. Also, they hold cash in afloat for their customers and earn interest in that money. Higher rates=higher profits for them. I'm shocked by their debt levels, but will be looking into that more. Otherwise, their margins are nuts.
That's sorta been my problem. They are very hard to model. So far, it's been an excuse to try to learn though. I'm impressed with how good actuaries are. Like, with large pools of people or events, they predict very accurately how their company will do. You're right about KNSL. The ROIC and other metrics sold me. I did a lot of reading about the company too, and they actually are quite interesting. It's still founder run. They are basically the new kid in town in the specialty insurance market. However, they have a lot of technology that legacy players don't have which has enabled them to process claims and underwrite much more efficiently and thus offer a lower cost product. Since insurance is basically a commodity business, the low cost provider frequently wins market share. KNSL is that player. They're akin to progressive moving into the auto insurance industry. They have cheap premiums enabled by technology and thus are primed to steal huge market share. KNSL plans 10-20% growth for the foreseeable future. Management tends to sandbag estimates and still put out 10% as a target (I believe this was on the last earnings call). So yeah, I'm looking at it more as a growth story than a cash flow, but they're helped further by higher rates. MKL is another story. They're more of a Berkshire clone. Use the insurance business to generate cash flows, which they in turn invest into other opportunities. I'm not doing as good a job with projections on this one. The management team is phenomenal though, including Lawrence Cunningham (from constellation software) on the board. Furthermore, Investtalk has been high in the reinsurers. Both ORI and EG came up yesterday. I haven't looked into them much beyond that. I'm also eyeing THG. They got beat up pretty hard last year due to heavy P&C losses from weather, but I'm not sure I want to go there. Solid company though. I'm also looking into AMP. They're an asset manager that generates amazing cash flows and buys back lots of stock. I think that one is a market beater, at least at first glance. They can easily return 7% just through buybacks and dividends.
For what it is worth, I've been sort of operating under the expectation that the market is being overly aggressive with rate cut expectations. I don't think the FED wants to go super low on rates. Plus, they can end QT of there are liquidity issues with government debt. Higher rates should benefit lower multiple stocks with solid cash flows. One area om particularly interested in is insurance. A lot of insurance names sold of on rate cut hype and have actually gotten fairly cheap. However, they benefit greatly from higher rates since they get higher returns on the cash they hold. I bought KNSL because that's kinda how i invest, but there's a number of decent names out there. MKL is one that I'm immensely curious about.
Here is their portfolio: [https://www.dataroma.com/m/holdings.php?m=MKL](https://www.dataroma.com/m/holdings.php?m=MKL) I didn't do a deep dive so I don't know if they own any wholly owned businesses or if they do anything else but insurance.
There is one very similar, Markel. MKL, they copy Berkshire model basically. Their CEO is well known value investor. Check it out.
MKL Berkshire of insurance companies
u/VisualMod Thank you for your quick and amazing response. ​ Are you a current shareholder of MKL?
I've been buying MKL since 2020 when it crashed and I must say I fricking loved the company and their management team. ​ Let's not forget the CEO, their holding, liquid cash ready to invest and last but not least their buy-back programmes. ​ I currently own 47 shares which is not a lot but I'm 21 so don't have enough cash to buy more I will hit 1000 shares before the age of 30 :)0 :) ​ I currently own 47 shares which is not a lot but I'm 21 so don't have enough cash to buy more . I will hit 1000 shares before the age of 30 :)
If you are looking for stocks that invest in publicly listed equities, Markel (MKL), Loews (L), and the Daily Journal (DJCO) all do this. I don't think any are a better buy than Berkshire. Private Equity like Brookfield (BN), TPG (TPG), Carlyle Group (CG), KKR (KKR), and Blackstone (BX) also invest - but not in the same style as Warren Buffet, who is [famously not a fan](https://finance.yahoo.com/news/warren-buffett-private-equity-not-as-good-as-it-looks-161402193.html). You could look at companies like Itochu (ITOCY), Sumitomo (SSUMY) and Mitsui (MITSY). These are the Japanese trading houses that Berkshire bought into and [share similarities with Berkshire.](https://www.cnbc.com/2023/05/05/why-warren-buffett-is-keen-on-japans-versions-of-berkshire-hathaway.html). These only have OTC listings in the US, however, and you'd be introducing currency risk unlike Berkshire. All that said, I'd just stick with Berkshire.
u/creemeeseason u/elgrandorado Also hilarious is that MKL sells ornamental gourds lol!
A good way to measure long-term performance between BRK and MKL since they both heavily reinvest is book value growth. BRK is far, far superior. MKL 10K shows 5Y CAGR on book value of just 6% and 3% CAGR in share price. It's good but overhyped IMHO.
Anyone in Markel (MKL)? Looks like a really solid compounder.
Thank you. In a way I feel like I am sort of creating my own ETF because I am purchasing different stocks and also making sure some have dividends too. Not sure what to think about some of the bonds? Bond ETF's seem to be down a lot and losing money, but does that mean there's an opportunity? Then there's bluechip stocks and etc... I have used Zack's website and others to see what are strong BUY's and such. Any websites or info you recommend? On another note, I have over many years/experience in the insurance industry... I see cyber insurance and lots of other markets emerging. I have done well in this sector. Bought some Arch Capital (ACGL) a while back. Markel (MKL) seems to be solid - but stock is so expensive. Got AJG back in $160's a little over a year ago... Also AIG I feel may come back in time.... Plus in general, insurance companies seem to do pretty well (at least the ones that don't have high Loss ratios and such). I invested a lot of money in Kinsale (KNSL) back in April 2022 when it was at $294.58 and even before then back in October 2021 when it was around $165ish... What do you think about those Fidelity Freedom 2050 funds? Any research, reading, anything that you recommend? I also read that I can take up to $10k out of my ROTH IRA towards a house purchase too, so I am more willing to put $ into the IRA with that being said. Right now its only a few K.
I own about as much MKL as I do BRK.B as a hedge against Buffet and Munger departing this world. MKL has a similar model; leverage insurance float to invest.
A few that I think have a great chance: BN- Brookfield Corporation EWBC- East West Bank Corporation MKL- Markel BAC- Bank of America C- Citigroup OXY- Occidental Petroleum Shel- Shell CVS- CVS Health BABA- Alibaba JD- JD.com Obviously, there are no guarantees. They each have their own risks, but I think these are the best companies I've seen in the current market with the best risk to reward ratio.
Someone mentioned Baby Berk- BRKB. Another that comes to mind is one of the better investors nobody knows about, Thomas Gaynor from MKL.
Hilarious picks so far with all the mainstream growth tech stocks on a value thread. It’s really all this sub is capable of, I guess. I suggest BTU, MKL and RFP.