Markel (MKL 1.69%), a niche insurance company that many investors view as a "Baby Berkshire Hathaway" (BRK.B -0.06%) due to its value investing style that mirrors many of Warren Buffett's decisions, has reported its quarterly earnings. In this video, Motley Fool financial analyst Matt Koppenheffer breaks down that earnings report, discusses leadership at the company, and tells us just how many similarities there are between Markel and Berkshire.