Mario Gabelli: the world’s greatest investors
Gabelli likens investing to poker: you collect information, evaluate it and use it to project what will happen in the future, says Matthew Partridge.
Mario Gabelli was born in New York in 1942. He bought his first stock at the age of 13, after overhearing brokers at the golf club at which he worked discussing the market. After graduating from Fordham University he did an MBA at Columbia Business School. He then worked at Loeb Rhoades & Co, a brokerage, as an analyst, developing his own valuation methodology. He formed his own institutional brokerage, Gabelli & Co, followed by asset manager Gabelli Investors (Gamco), and launched the Gabelli Asset Fund in 1986.
What was his strategy?
Did this work?
What was his best investment?
What lessons does he have for investors?
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Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.
He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.
Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.
As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.
Follow Matthew on Twitter: @DrMatthewPartri
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