Gamco Investors, Inc.
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How to Spend $170 Billion
By Robbie Laney - April 3, 2013 | Tickers: AAPL, BRCM, GLW, GBL, GOOG
Apple (NASDAQ: AAPL) has a problem we would all like to have. How does it spend $170 billion? That is the amount in cash reserves the company is likely to have by the end of 2013. Well, I've got some ideas.
The issue is bigger than you think; causing lawsuits and introducing uncertainty in the stock price. Of course, per Apple Insider, "about 70% of Apple's more »
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'Baby Warren Buffett' Says These Stocks Will Double
By John Macris - February 23, 2013 | Tickers: GBL, GY, LM
Mario Gabelli, a value investor who is founder, chairman, and CEO of Gamco Investors (NYSE: GBL), recently spoke on CNBC during a Feb. 12 interview and revealed two of his favorite stock picks for 2013.
Gabelli, 70 years old, has enjoyed an illustrious career on Wall Street. In 1976, he formed a brokerage house under his own name and later opened his own series of mutual funds. Gamco is an more »
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Smart Money is Divided on This Stock
By Meena Krishnamsetty - February 20, 2013 | Tickers: FXCM, GBL, ITG, JEF, NDAQ
In sports, being the weakest member of a weak conference is doubly insulting. Not only is the team bad, but the same team cannot beat other mediocre teams. Applying this analogy to the stock market of the past three years, you might just come up with Investment Technology Group (NYSE: ITG) as being the analogous aforementioned cellar dweller. Since the stock market meltdown of 2008, the financial sector has notably more »
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Good Prospects in Asset Management
By Chris Hodge - November 14, 2012 | Tickers: EV, EPHC, GBL, TROW
Asset management companies are a strangely mixed bag. There are so many ways to manage investor money, such as loans, acquisitions, and even consulting. I would never suggest having a portfolio composed entirely of asset management companies, but that wouldn't be the worst thing to ever happen if they were high quality. I decided to focus on the return on equity for each company because it reflects the efficiency more »
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This is Good Investment Advice!
By Chuck Carnevale - July 30, 2012 | Tickers: AMG, BLK, FII, BEN, GBL |
The timeless investment strategy advocated by the world’s greatest investors is value investing followed by a buy-and-hold approach. In today’s world of instant gratification, many foolishly eschew the buy-and-hold approach. I believe that is a mistake, especially if you buy the right investment at the right price or value. I believe that BlackRock (NYSE: BLK), the world’s largest asset manager, meets all the requirements of a good more »