Taking a Gain on Markel
By Paul Price of Market Shadows
Market Shadows booked a solid gain on our position in insurance company Markel (MKL). We sold our seven shares for $572.07 each this afternoon.
We bought these shares at $430.98 for $3016.86 late last year. Â We received $4004.49 today for a 32.7% net profit.
This trade illustrates how even high-priced shares do not stop small investors from making good profits. It is the percentage gain that matters, not the number of shares you own.
See all our closed-out and present day equity positions for the Virtual Value Portfolio
by clicking here .
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