This blog follows the stock of 2 companies:<\/p>\n
Colfax Corporation (NYSE: CFX)<\/strong><\/em>, the industrial manufacturing and fluid handling company and<\/p>\n Markel Corporation (NYSE: MKL)<\/strong><\/em>, the speciality and niche insurer.<\/p>\n So how did they perform year to date?<\/p>\n Let’s start with the worst: Colfax performance is a whopping -24% ytd \u00a0 \u00a0… ouch …<\/p>\n Now the better one: Markel’s performance is +20% ytd beating the S&P 500 which performed 13.6% ytd.<\/p>\n Does this change our long term view of these 2 companies: \u00a0 \u00a0… \u00a0 \u00a0NO!<\/p>\n The investment thesis of Colfax is still intact: It grows by successful acquisitions and integration of the acquired activities getting them up to their efficiency levels.<\/p>\n On the conference call Q3 2014 CEO Steve Simms hinted at a full acquisition pipeline, so expect more. Insiders do the same and are buying shares!<\/p>\n Markel on the contrary got finally the performance it deserves I would say.<\/p>\n This reflects the successful integration of Alterra and slightly improving general conditions of the insurance market.<\/p>\n Both shares are a buy at these prices. Don’t forget, we are in for the long term!<\/p>\n","protected":false},"excerpt":{"rendered":" This blog follows the stock of 2 companies: Colfax Corporation (NYSE: CFX), the industrial manufacturing and fluid handling company and Markel Corporation (NYSE: MKL), the speciality and niche insurer. So how did they perform year to date? Let’s start with the worst: Colfax performance is a whopping -24% ytd \u00a0 \u00a0… ouch … Now the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1,3],"tags":[],"_links":{"self":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/1560"}],"collection":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1560"}],"version-history":[{"count":14,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/1560\/revisions"}],"predecessor-version":[{"id":1574,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/1560\/revisions\/1574"}],"wp:attachment":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1560"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}