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Mario Gabelli - Likes to Invest Alongside Catalyst-Inducing Shareholders Like Carl Icahn

July 30, 2013 | About:
Gabelli likes to invest alongside investors who act as catalysts for value realization.

One example is Carl Icahn who Gabelli has invested alongside in Navistar (NYSE:NAV).

Gabelli thinks that Navistar which is currently trading at $33 per share will make $6 per share five years from now. Put a 10 multiple on that and an investor has a double from current prices.

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