Here’s why we added Loral Space & Communications to the portfolio.
At current trading levels, Walmart is bargain.
Why this stock market bull run isn’t over yet.
The market isn’t as overvalued as metrics suggest.
Our new core holding is a leading online Chinese travel service.
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We think we win regardless of how the Dell ownership struggle plays out.
Baidu.com is the Google of China.
Apple is a supreme innovator and Markel is a well-run niche financial services player.
We added Yahoo, one of the world’s largest Internet companies.
We diversified into three new sectors: consumer staples, consumer discretionary, and telecommunications services.