Mario Gabelli talks about energy policy. Gabelli advocates an ad valorem tax on automobiles.
He does not think cash for clunkers was a good idea. He thinks that trucks which produce much more gas should have to pay more for tolls. Gabelli also thinks we should have a broad based Government program to increase energy production like the FCC is currently proposing for telecommunications.
Below is the video
Odey Discusses Howard Marks’ Astute Observation On Why Hedge Fund Alpha Is Increasingly Rare [January Letter]
According to a copy of the firm's January investor update which ValueWalk has been able to review, the Odey Asset Management Odey Special Situations Fund returned 7.7% in January, outperforming its benchmark, the MSCI World USD Index, by 8.7%. Q4 2020 hedge fund letters, conferences and more The $60 million fund, which Adrian Courtenay manages, Read More