Here's Why Markel Could Make You Richer Even If There's a Market Crash
Many analysts will tell you how to find a cheap stock. Or at least cheap as they define it. Most involve crunching numbers, making an educated guess about the future, and determining a price that represents the present value of future cash flows. But there is a better way that doesn't involve math at all.
Companies that have a strong competitive position, aren't reliant on any one product, and make decisions looking out a decade or more have a distinct advantage over others. And they're essentially always cheap. That's because traditional valuation just doesn't account for excellent performance over long periods of time. Markel (NYSE: MKL) is a great example. Here's why I think the company is an great investment even if the stock market crashes tomorrow.
Image source: The Motley Fool.
Source Fool.com
