{"id":568,"date":"2010-11-15T13:21:58","date_gmt":"2010-11-15T11:21:58","guid":{"rendered":"http:\/\/www.blog.asmus-puhl.com\/?p=568"},"modified":"2010-11-15T13:21:58","modified_gmt":"2010-11-15T11:21:58","slug":"markel-is-cheap","status":"publish","type":"post","link":"http:\/\/www.blog.asmus-puhl.com\/?p=568","title":{"rendered":"Markel is cheap!"},"content":{"rendered":"<p style=\"text-align: justify;\">Markel Corporation (NYS: MKL), an insurance company this blog follows regularly came out with their Q3 2010 results.<\/p>\n<p style=\"text-align: justify;\">Here just the 2 most important metrics:<\/p>\n<ul style=\"text-align: justify;\">\n<li>combined ratio stood at 93%, down from 96% in the same quarter 2009<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>book value \/ share increased 11% to $ 314.74<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">This is a very prudent run high quality company in the current out of favour insurance industry.<\/p>\n<p style=\"text-align: justify;\">It is often dubbed as the \u201enext Berkshire Hathaway&#8221; because of Markel&#8217;s world class investment portfolio.<\/p>\n<p style=\"text-align: justify;\">So why not buy some shares?<\/p>\n<p style=\"text-align: justify;\">Friday&#8217;s closing price was $ 359.60 , so they sell at a price\/book ratio of just 1.1!<\/p>\n<p style=\"text-align: justify;\">This cheap price will not last forever!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markel Corporation (NYS: MKL), an insurance company this blog follows regularly came out with their Q3 2010 results. Here just the 2 most important metrics: combined ratio stood at 93%, down from 96% in the same quarter 2009 book value \/ share increased 11% to $ 314.74 This is a very prudent run high quality [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/568"}],"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=568"}],"version-history":[{"count":6,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/568\/revisions"}],"predecessor-version":[{"id":574,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=\/wp\/v2\/posts\/568\/revisions\/574"}],"wp:attachment":[{"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=568"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.blog.asmus-puhl.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}