Retirement Watch Lighthouse Logo

Mario Gabelli Speaks

Published on: Apr 09 2018

Here’s a recent interview with investment manager Mario Gabelli, now 75 years old. The interview covers a range of topics including passive investing (he’s not worried about it), large tech companies, the future of media, and the stock market correction.

“The big issue is our $500 billion trade deficit, the $1 trillion budget deficit, the $20 trillion national debt, an aging population, and not a lot of companies starting up, says Gabelli, who is prone to rattling off relevant statistics on a wide variety of topics.

So are those the issues that worry him? “Everything worries me,” he immediately responds. “If I don’t worry, I don’t get paid.”

But Gabelli likes to put things in perspective. “We’ve studied the last 100 years, so we’ve seen it all,” he says. “The system has survived two world wars, and I think it will survive another 100 years. The problem is my clients don’t think in terms of 100 years.”

 

 

bob-carlson-signature

Retirement-Watch-Sitewide-Promo
May 2022:
Congress Comes for your Retirement Money
A devastating new law has just been enacted, with serious consequences for anyone holding an IRA, pension, or 401(k). Fortunately, there are still steps you can take to sidestep Congress, starting with this ONE SIMPLE MOVE.
X

Log In

Forgot Password

Search