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The retirement of Warren Buffett as CEO of Berkshire Hathaway (NYSE: BRK.A, BRK.B) is approaching, raising concerns among investors, although the impact may be less significant than feared. In light of this transition, Markel Group (NYSE: MKL) emerges as a potential alternative, sharing a similar business model to Berkshire. Both companies operate as investment vehicles, managing numerous independent businesses while also investing in public companies, resembling mutual funds. Investors are encouraged to consider Markel as a viable option moving forward.
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