WR Berkley – The Rare Combination Of Both Able Operators And Allocators

We buy back stock when we think it’s attractively priced relative to our assessment of the intrinsic value of the enterprise. – Robert Berkley on the 1Q2020 conference call. The business: WR Berkley is included in our “owner-operated”/managed portfolio. WR Berkley (NYSE: WRB) is an insurance and reinsurance company. Their biggest line of insurance is…