Mario J. Gabelli, one of the leading investors of our time, in a compelling discussion with Pace University's President Stephen J. Friedman on the unique challenges and opportunities of today's global marketplace.
Gabelli is the founder, Chairman and CEO of GAMCO Investors, Inc. (NYSE:GBL), with $31.3 billion in assets under management, a widely recognized provider of investment advice and financial services to alternative investments, mutual funds, institutional, and high net worth investors. GAMCO returned 28.6% for institutional clients in 2010, and since inception in 1977 has generated annualized returns of 16.3%.
Gabelli is a frequent commentator on CNBC and CNN and in financial print media including Institutional Investor, Business Week, Fortune, Forbes, Money and Changing Times. In April, Institutional Investor selected Gabelli as "Money Manager of the Year."
"Inside Track with President Stephen J. Friedman" is an event which brings renowned thought leaders and policymakers into engaging conversations on critical issues with Pace's president, a former senior partner at Debevoise & Plimpton LLC, commissioner of the Securities and Exchange Commission, deputy assistant secretary of the Treasury; executive vice president at The Equitable Companies Incorporated and the E.F. Hutton Group Inc., and U.S. Supreme Court law clerk. Each guest's presentation is followed by a question-and-answer session including questions from the audience.
RSVP: The event is free and open to the public and the Pace community. Media admission by press passes. Please register in advance online at http://www.pace.edu/in....
Furthermore: Among Gabelli's ace stock pickers is a team called FOCUS FIVE which selects five stocks every quarter that should outperform the market in a significant way. The group has an impressive performance record - beating the market averages each quarter. Since FOCUS FIVE's inception on January 31, 2006, its stock bets have risen over 200% versus about 4.5% for the Standard & Poor 500-stock index. FOCUS FIVE"S stock picks for the current quarter are:
* Cameco Corporation (NYSE: CCJ) - one of the world's largest uranium producers.
* Dana Holding Corporation (NYSE: DAN) - a world leader in the supply of driveline products
* Southwest Gas Corporation (NYSE: SWX) - a natural gas provider to more than 1.8 million customers
* Ixia (NASDAQ: XXIA) - next generation wireless, and
* Xylem Inc. (NYSE: XYL) - a spin-out of ITT's water unit.
Gabelli's long term philosophy is to "use the news of the day as a tailwind for your investment future," managing investments against long-term trends in world affairs. GAMCO Investors, Inc. is best known for research-driven, value-oriented equity investing expertise based on the principles of Graham & Dodd -- that is, investing in undervalued companies that have a high probability of achieving their intrinsic or private value over time.
Added by Samuella on November 28, 2011