In this video, history is made when both Matt Koppenheffer and David Hanson agree on an investment thesis: They agree that Markel is the superior investment for a 20-year time span rather than Bank of America. Markel, they note, is a great company that consistently grows profits and book value. Bank of America, meanwhile, is trading cheap, and it may be a good investment for five years, but for a 20-year time frame, it's not a proven great company. Matt and David say they'd like to see more tangible evidence of improved business performance at Bank of America before recommending it as a long-term investment.

David Hanson owns shares of Markel. Matt Koppenheffer owns shares of Bank of America and Markel. The Motley Fool recommends Markel and owns shares of Bank of America and Markel. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.