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MKL - Markel Corp


Crip1

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Good morning

I wonder if anyone has considered what could happen to MKL's business if and when the interest rate starts to rise? 

Sorry if this is a repeat question couple pages back... I didn't see !

Gary

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If asked for an opinion about Markel, it seems likely that 90%+ of financial blog authors and financial talking head types would look at you with a glazed look and say "never heard of her."

 

The other 10% would say "she's a good Chancellor but needs to be tougher on the Greeks"

 

LOL. Good one. :)

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Chubb taken out at 1.75x book. Any reason why MKL or FFH shouldn't trade at that valuation now...?

 

Depending on what you think BVPS growth looks like for the long run, the stock could be worth a hell of a lot more than 1.75x.

 

I agree! ;)

 

Cheers,

 

Gio

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Yeah, pretty damn strong at 89.13% on avg for 2008-2014. But Gayner doesn't work for Chubb and neither does Watsa :)

 

You cannot buy and sell men, only business operations.  Speculating on what they're worth on the slave market isn't really going to help in figuring out what multiple ACE would offer for MKL or FFH.

 

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Chubb taken out at 1.75x book. Any reason why MKL or FFH shouldn't trade at that valuation now...?

 

Really? MKL sure, but Fairfax? Might as well pay 2% fees on a fund that holds 50% in cash for hedging purposes. I know Fairfax has a business to protect but as an investor I can't see how it is attractive currently given the way it is set up with the hedges etc.

 

Yeah, pretty damn strong at 89.13% on avg for 2008-2014. But Gayner doesn't work for Chubb and neither does Watsa :)

 

You cannot buy and sell men, only business operations.  Speculating on what they're worth on the slave market isn't really going to help in figuring out what multiple ACE would offer for MKL or FFH.

 

 

Haha!!

 

 

Wait... As a slave that really hurt me.  :'(

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