Led by legendary investor Warren Buffett, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) is known for its long-term investing strategy. Many of its larger positions have remained in its portfolio for decades.

Given the company's usual patience, it was surprising to see it buy $620 million of Markel (NYSE: MKL) stock in early 2022, only for the entire stake to be liquidated last quarter.

Clearly something changed after Berkshire originally took its position, but given a recent pullback in Markel stock, there's reason to believe that Buffett and Berkshire could be back soon. This may be your chance to buy Markel stock before that happens.

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Source Fool.com