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Mario Gabelli Tells Tom Keene How He Can Own the New York Knicks and Rangers for Free

March 27, 2012 | About:
- He likes to look out five years to see what he thinks a company will be worth in the future. If he can buy today at a big discount to that, he does.

- On top of that he is interested investing in situations described above that have a catalyst to make sure the market recognizes that value

- Gabelli is a value investor, but he says value investors should appreciate growth as well

- He isn’t keen on banks because they regularly have disasters in their loan portfolios. On top of that they are now challenged with ever growing regulations

- He thinks investors buying MSG today get the Knicks and Rangers for Free

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