Of course, there is only one Berkshire Hathaway (BRK.A -0.39%) (BRK.B -0.56%), and that isn't likely to change anytime soon. And there are some companies, such as Markel (MKL -0.67%), that are clearly using the Berkshire model. While I'm a big Markel fan (and a shareholder), in this video I discuss a unique insurance business that could grow into a much larger insurer and investor in the years to come.

*Stock prices used were the morning prices of Sept. 24, 2024. The video was published on Sept. 25, 2024.