An exciting niche of Quality Stocks? Holdings. They outperform the market in the long run. Let’s take a look at my top 10 favorite holdings. 👁️ Webinar: How to invest in Quality StocksOn Tuesday, June 10th at 2:00 PM ET (8:00 PM CET) I give a free webinar. Here’s what you’ll learn: You want to become a better investor? Register here: 10. Loews Corporation ($L)
Loews Corporation started in 1946. Laurence Tisch convinced his parents to buy a hotel worth $125,000 in Lakewood, New Jersey. His brother Robert joined him shortly thereafter. With their profits, they bought more hotels. By 1956, they had sufficient funds to construct a brand-new hotel in Florida. It was called the Americana in Bal Harbour. The rest is history. Today, the holding also owns businesses in other sectors like insurance and energy. The Tisch family still owns more than 15% of all the shares. The family likes to maintain a strong balance sheet and allocates its capital efficiently: Investment Rationale
9. Markel Group ($MKL)
I was invited to a private dinner of Tom Gayner (CEO Markel) at the Berkshire Hathaway weekend this year. My key learnings? The management team is very humble and transparent. They acknowledge the disappointing results of the last few years. Markel is working hard to lower its combined ratio (the most important metric for an insurance company). If they achieve their goal, there is considerable upside potential. |