Mario Gabelli ‘Invest in booze’ (Video) $GBL

Mario Gabelli 'Invest in booze' (Video) $GBL

GAMCO Investors Chairman and CEO Mario Gabelli says he’s not concerned with succession at Berkshire Hathaway and believes its stock is worth at least 50 percent more than its current value. Gabelli sees growth in liquor globally, the health and wellness industry in the U.S., and Rolls-Royce.

Seth Klarman Tells His Investors: Central Banks Are Treating Investors Like “Foolish Children”

Volatility"Surreal doesn't even begin to describe this moment," Seth Klarman noted in his second-quarter letter to the Baupost Group investors.  Commenting on the market developments over the past six months, the value investor stated that events, which would typically occur over an extended time frame, had been compressed into just a few months. He noted Read More