Mario Gabelli

Gabelli Funds; private-market-value (PMV) framework

Mario Gabelli is chairman and CEO of GAMCO Investors, the asset-management firm he founded in 1977. He built a decades-long track record applying his PMV framework, which estimates what an informed industrialist would pay to acquire a business outright, then waits for a catalyst to close the gap to market price. He is particularly associated with media, cable, and consumer-staples stock-picking.