Markel (NYSE: MKL) is a specialty insurance company at its core, but it is a hard company to pigeonhole. It also makes a significant portion of its revenue from investments in both private and public companies. Some have called it a "mini Berkshire" because of its similarity to the Berkshire Hathaway business model.
It is also similar to Berkshire Hathaway in that it has a solid track record of generating returns for its investors. Over the 10-year stretch that ended in 2020, it posted an annualized return of 10.6%. Over that same time period, the S&P 500 returned about 9.3%. Markel turned in another solid year in 2020, but the stock price didn't really reflect it, as it fell 9.6%. And this year, the stock is roughly even year to date. The market is not recognizing its value, which might make it a good time to buy.
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Source Fool.com