How to pronounce “markel” in English

And I remember when Markel first started down the path of buying non-insurance businesses and expanding what we did, there was one elderly gentleman who

And one thing that Markel has-- it rightly structured a similar to Berkshire source of capital.

In 1990, Markel did a deal which more than doubled the size of the company.

I'm here with Dr. Howard Markel, author of "The Kelloggs: The Battling Brothers of Battle Creek."

Let's please give Dr. Markel a big Google welcome.

Would you mind sharing your story of how you came about at Markel, from your prior carrier.

So I bought some Markel stock and 1986 to 1990, I was covering Markel from Davenport.

Well, in terms of for Berkshire or Markel, probably a price to book is a better-- it's not perfect, but it's probably

There are a series of sort of mini Berkshire insurance companies, Markel Insurance, Fairfax, White Mountains, Allegheny.

What you do is known on the world scale, and Markel is a tiny little company compared to you.

One of the beautiful things about being at Markel is it has been a profitable insurance company all the way along.

" "Markels's success has made Gayner rich, but he lives in a simple townhouse and drives a Toyota

How do you apply the earnings per share concept to a company like-- you know, Berkshire, you mentioned-- but even Markel, for example, an insurance

Which is very different than what Buffett does now, or Mr. Gayner does at Markel, which is buy great businesses

At that time, Pernod Ricard had just acquired Seagram's, and with it came Chivas, like Johnny Walker, Markel like Hennessy.

Friends, our guest for today is Thomas Gayner, the Chief Investment Officer at Markel Corp.

He attended one of the gatherings we do out in Omaha, where we meet with most of our investors in Markel.

But life has a way of teaching these painful lessons and things working at, so in 1986, Markel went public, and it happened to be headquartered

And they had an insurance business that made underwriting profits, and Steve Markel, who was the chief financial guy at the company,