Behind the Balance Sheet · Stephen Clapham's Podcast on Value Investing | Stockmarket Analysis | Equities
#53 The Plodder - Tom Gayner on Building Markel and the Art of Long‑Term Compounding
·1 hr 17 min·7 clips
Tom Gayner says admitting investment mistakes is his foremost duty as a flawed human being.
As heard by us
A disciplined look at how a great investor builds compounding into a portfolio.
Tom's case lands as patient compounding rather than a victory lap. Steve Clapham stays on the way a long-term investor thinks: why breadth can sit beside conviction, why a small holding still matters, and how a portfolio can carry single-A, double-A, triple-A, and major league…
Why you'd press play
Why a wide portfolio can still signal real conviction.
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