Markel's Gayner Buys Alliance Holdings, Moody's, Norfolk Southern, Sells Sysco, Vodafone
As the CIO of Markel Corp, Tom Gayner has the luxury that most money managers don’t have: he never has to face redemption pressure. He certainly takes this advantage to almost its extreme, as he rarely sells stocks. With this buy and hold strategy, he has built great track record at Markel. To understand more about Mr. Gayner, read his interview with GuruFocus.
As the CIO of Markel Corp, Tom Gayner has the luxury that most money managers don’t have: he never has to face redemption pressure. He certainly takes this advantage to almost its extreme, as he rarely sells stocks. With this buy and hold strategy, he has built great track record at Markel. To understand more about Mr. Gayner, read his interview with GuruFocus.