Mario Joseph Gabelli, the son of Italian immigrants was born in the Bronx in 1942. He went on to become one of the country's most successful investors. He is the founder of GAMCO Investors, Inc. formerly known as Gabelli Asset Management Company. In an interview, he said, "It all started when I read market reports for fun as a child". When 13 years old he already bought his first stock.
Mario Gabelli, a well-known investor, has a diverse portfolio showcasing his investment acumen. Among his top holdings, Herc Holdings Inc leads with 2.8% of the total portfolio, reflecting a keen interest in the equipment rental sector. At 2.4%, Crane Co occupies the second spot, with Gabelli tapping into the industrial products sphere. Modine Manufacturing Co., known for thermal management technology, represents 2.3% of his investments, suggesting a focus on manufacturing innovation. Mueller Industries, Inc., at 2.2%, indicates his stake in metal goods production, catering to construction and HVAC industries. Lastly, GATX Corp is a key investment, constituting 1.9% of the portfolio, revealing an attraction to transportation asset leasing. These stocks highlight Gabelli's strategic selections across various sectors, providing potential investors with insights into lucrative market opportunities.