What's the long-term outlook for MKL's EPS growth?

**Markel Group's (MKL) long-term outlook for EPS growth appears positive**, considering the following points: 1. **Consistent Growth Drivers**: MKL has seen new business volume, strong retention levels, and an improving rate environment, which are likely to contribute to EPS growth over the long term. 2. **Strategic Initiatives**: The company's strategic buyouts and prudent capital deployment are expected to enhance its financial performance, potentially leading to higher EPS in the future. 3. **Favorable Market Conditions**: The insurance industry is benefiting from favorable growth estimates, which is a positive indicator for MKL's EPS growth. 4. **Analyst Confidence**: Despite a recent consensus recommendation of "Reduce" from analysts, the overall sentiment towards MKL remains positive, with analysts expecting growth in EPS over the current fiscal year. 5. **Institutional Confidence**: Institutional investors have shown interest in MKL, with Virtu Financial LLC acquiring shares in the fourth quarter, indicating confidence in the company's long-term prospects. 6. **Financial Performance**: MKL's robust revenue growth and investment returns in 2023, along with a strong return on invested capital (ROIC), suggest a solid foundation for future EPS growth. In conclusion, while there may be short-term fluctuations, the long-term outlook for MKL's EPS growth is promising, given the company's strategic direction, market conditions, and analyst and institutional confidence.