You have to understand the business before you understand the stock.
Investors
Mario Gabelli
Born in 1942 in New York to an Italian immigrant family, Mario Gabelli earned his MBA from Columbia Business School and founded GAMCO Investors. He pioneered the concept of 'Private Market Value' (PMV) — estimating what a knowledgeable buyer would pay for an entire company — as a distinctive framework for equity valuation. Named to Barron's All-Century Team, he is a practitioner who fused value investing with an acquirer's perspective.
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Mario Gabelli's Other Quotes
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