Markel Corporation (MKL) Puts Its Money Where Its Mouth Is

After all, with Gayner at the helm of both Markel Corporation (NYSE:MKL)’s investment operations and its Markel Ventures subsidiary, the stock not only bears striking similarities to a high-quality mutual fund in and of itself, but also, like Berkshire Hathaway Inc. (NYSE:BRK.A), is supplemented by significant insurance operations.

In addition, the company still enjoys the leadership of Chairman and longtime CEO Alan Kirshner, who himself is famously supported by the ever-effective vice chairmen and third-generation Markel family members, Steve and Anthony Markel. In short, and as I wrote in February, Markel’s management team both has a vested interest in the business and knows it inside and out.

Foolish takeaway
Of course, these are just a few reasons why Markel has been able to return more than 6,200% since its IPO in 1986 and why I’m convinced it should continue to outperform the broader markets going forward.

The article Markel Puts Its Money Where Its Mouth Is originally appeared on Fool.com and is written by Steve Symington.

Fool contributor Steve Symington owns shares of Markel. The Motley Fool recommends and owns shares of Berkshire Hathaway and Markel.

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