Markel's Three Engines

“Gayner learned investing early on, his father told the story of a couple in his hometown who received stocks as a wedding gift. They were new to investing, and they went to the richest person in town, who owned the furniture store to ask how do they sell stock. The main replied, “I don’t know - I’ve never sold any.” Markel’s insurance business goes back over 100 years, and many of Markel’s stock holdings go back decades, this is a company built to prosper well into the future and the future is what investing is all about.”

https://pillarsandprofits.substack.com/p/markels-3-engines-f…

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