Mario Gabelli Discusses His Favorite Investment Ideas
Question 1 - What is your market outlook?
Gabelli - Doesn't see the market doing much of anything over the remainder of the year.
Question 2 - What forces will drive the market for the remainder of the year?
Gabelli - It will be a "tug of war" between the perception of liquidity and the actual withdrawal of that liquidity along with actual earnings.
Question 3 - What are your favorite stock ideas?
Gabelli - Viacom (VIA) and Cohen and Steers (INB).