Subject: Re: For all those trimming/selling…
Been watching Jim’s Brk-MKL chart (https://na01.safelinks.protect...)
I understand your thinking and considering adding to MKL.
Captured from another’s lens:
From 2017 to 2023 regarding MKL.
Total net-investments has increased to $27,074B from $17.471B + 55%
Last 3 years underwriting profit has increased from $541m to $1,041B + 92%
Gross premium has increased from $ 5.5B to $14.0B + 154%
Markel venture revenue has increased from $1.2B to $5.0B + 316%
Markel venture EBITA has increased from $ 178m to $ 628m + 253%
Investment income has increased from $406m to $735m + 81%
Book value per share has increased from $684 to $1,096 + 60%
Comprehensive income has increased from $ 1,175 to $ 2,285 + 94%
Share issue has decreased by 5.6% from 13.904m to 13.132m (5.6%)
Too, I find authenticity and value in Tom Gayner. I believe his leadership style and dogged determination will get their insurance misstep corrected.
May nibble through selling a Put.
GLTA,
paul