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Thread: MKL versus BRK

  1. #1
    Flashaholic* turbodog's Avatar
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    Default MKL versus BRK

    Any idea why MKL has gotten so hammered compared to BRK since c-19 hit? One is a smaller version of the other. Usually they track in lockstep with one another.
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  2. #2

    Default Re: MKL versus BRK

    lol im a idiot i trully have no clue what your talking about
    LED's have gotten too bright in our stuff. Many nights I'm awakened by my modem lights blinking.had help with my sig thank you for your help.

  3. #3
    Flashaholic* turbodog's Avatar
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    Default Re: MKL versus BRK

    MKL is Markel, an insurance company. BRK is Berkshire Hathaway, a much larger insurance company.

    They are run in basically the same method, and have had almost the same change in their stock price for decades. However, after c-19 hit, MKL has gone down much more than BRK. I find this very odd and am looking for an explanation.
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  4. #4

    Default Re: MKL versus BRK

    learn something new daily
    LED's have gotten too bright in our stuff. Many nights I'm awakened by my modem lights blinking.had help with my sig thank you for your help.

  5. #5

    Default Re: MKL versus BRK

    Specifically, I donít know, current conditions arenít really great for insurance or banks(though J.P. Morgan is tempting at these levels). Large cap growth stocks, wacky option plays, bio/pharmaceutical, and space stocks are the rage. A little scary but value continues to lag and I wouldnít touch banks/ins until thereís a uptick in rates and inflation. After all that, I havenít really touched my holdings since before all this madness.

    And Iím a big fan of CNBCs Jim Cramer whose COVID-19 index is doing very well.
    Last edited by ledbetter; 07-09-2020 at 11:39 AM.

  6. #6
    Flashaholic* turbodog's Avatar
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    Default Re: MKL versus BRK

    I just know MKL is 33% off their pre c-19 peak and BKL only down 21%.
    This is your life, and it's ending one minute at a time.
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  7. #7

    Default Re: MKL versus BRK

    Quote Originally Posted by turbodog View Post
    I just know MKL is 33% off their pre c-19 peak and BKL only down 21%.
    ĒOnlyĒ down 20-30%! Something wrong with that picture, unless you think the economy is going to open and change quickly in the next six months. Campbellís soup sounds safer..

  8. #8
    Flashaholic* turbodog's Avatar
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    Default Re: MKL versus BRK

    Different holdings... diversified... some up, some down

    I don't plan on selling MKL, but would like to know why the divergence between it and BRK. That said, those 2 are my worse holdings. Even starbucks is not down that far.
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  9. #9

    Default Re: MKL versus BRK

    The simplest answer might be Apple.

  10. #10
    Flashaholic* turbodog's Avatar
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    Default Re: MKL versus BRK

    Already have some. I question their long term viability. They were practically bankrupt before ipod. If MS did not port Office to mac I doubt they would have survived to make the ipod. As suddenly as they came into fame, they could decline.
    This is your life, and it's ending one minute at a time.
    Be prepared for the truth.

  11. #11

    Default Re: MKL versus BRK

    Yeah, Buffetís investment is now paying off and doesnít your dr. recommend an iwatch to monitor vitals? And have you seen their subscription numbers? And they too shall pass, but Iíll probably be gone too.

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