, manages $41 billion in assets. A $10,000 investment in the flagship Gabelli Asset Fund at its inception in 1986 was worth roughly $318,199 on May 26, a 3,082% return. And while Gabelli made his name as a value investor, identifying stocks that were underpriced and pouncing on them before other investors realized their worth, he told Business Insider that he's spending a lot of time these days thinking about the big picture and the global economy.
"When we see reports for the first and second quarters of 2021, they're going to look awfully easy compared against 2020's first half," he said in an exclusive interview. "Where's the market discounting that? ... And then we try to figure out, with the digital revolution, what the winners are on a secular basis as well as cyclical."
He said US demographics are a key big-picture theme, and he's made investments in medical-device makers
OlivAyi6
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