Quote: (10-20-2013 02:10 AM)Steve9 Wrote:
Examples of these companies are Markel (MKL) and Leucadia (LUK).
I believe with these firms you can happily buy now, tuck away in a corner somewhere, and come back in a few years having trounced the broad market with no work.
A good analysis of Markel :
"Tom Gayner is the President and Chief Investment Officer at Markel, and his investment performance over the years is nothing short of phenomenal. In the 15 year period ending 2011, Gayner's picks in Markel's equity portfolio have had a cumulative return of 253% versus S&P's cumulative return of 124% over the same period."
http://seekingalpha.com/article/1762702-...is-on-sale