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17min chapter
TIP582: Quality & Defensive Investing w/ Christian Billinger
We Study Billionaires - The Investor’s Podcast Network
The Exceptional Business of Markel
In this chapter, they discuss the exceptional business of Markel and the qualitative aspects that contribute to their success. They highlight the importance of culture, people, and purpose in determining long-term returns. The chapter emphasizes the importance of conservatism, prudence, and gradualism in running a business for the long term.
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