As promised recently we are updating/cleaning the investor resource pages on a regular basis. Last we added several new legendary investors to our resource archives including Henry Singleton, Shelby Davis, Tom Knapp, Ed Anderson, Phil Carret and we also completed the renovation of Charles Royce’s resource page.
What’s more, today we’ve completed the renovation of Mario Gabelli’s resource page.
Canyon Capital Has Tapped Into The Pandemic Fallout: In-Depth Analysis [Q4 Letter]
Canyon Balanced Funds was up more than 41% net since the end of last year's first quarter. It took about 10 months for the fund to recover from the lows in that quarter, a few months longer than the 2009 rebound after the Global Financial Crisis. The fund has a little over $26 million in Read More
Below is a partial excerpt from Gabelli’s resource page followed by link to the full page, which can also be found under Value Investors tab above.
One of Gabelli’s great investment themes is the notion of time and place. You can be anywhere, anytime. The distribution of information is going through a major change. Some countries are getting it first time; some are finding new ways to communicate. On the copyright side, he looks for things that travel well like music, MTV, jazz, films, sports, news and entertainment. Gabelli looks for a “catalyst” which will help narrow the “private market value” and the stock price to give him a rate of return within a definable time. The “catalyst” is an important part of what pulls the investment trigger some mechanical and arithmetic exercises. Examples of “catalyst” are change in regulation, divorce or death of a founder, family block that wants a change in their tax situation.
See the full page here Mario Gabelli resource page