Can you buy stocks in today's market? If you ask Motley Fool analyst Matt Koppenheffer, the answer is a clear "yes."
Matt, who manages a Real Money Portfolio on Fool.com, is ready to make three buys: Markel (NYSE:MKL), SVB Financial (NASDAQ: SIVB), and Blackstone (NYSE:BX). The purchase of Markel marks the fourth time Matt added that stock to his portfolio, while the SVB and Blackstone buys are new additions.
Markel is a specialty insurer modeled after Warren Buffett's Berkshire Hathaway. It's experienced considerable success in both its core insurance operations as well as the investing carried out by Chief Investment Officer Tom Gayner. SVB Financial is the parent of Silicon Valley Bank, the California-based bank known for financing start-up companies. Finally, Blackstone is the private equity kingpin that has recently seen considerable success spinning investments back onto the public markets -- including sales of La Quinta Holdings, Hilton Worldwide Holdings, and SeaWorld Entertainment.
In the video below, Matt discusses his reasoning behind the three purchases, including answering the following questions:
- Is Markel becoming too large of a percentage of the portfolio?
- Is SVB Financial too expensive to deliver good returns?
- What is the opportunity ahead for Blackstone?
David Hanson owns shares of Berkshire Hathaway and Markel. Matt Koppenheffer owns shares of Berkshire Hathaway, Markel, SVB Financial Group, and The Blackstone Group L.P.. The Motley Fool recommends Berkshire Hathaway and Markel. The Motley Fool owns shares of Berkshire Hathaway and Markel. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.