In episode 327, we welcome our guest, Mario Gabelli, Chairman and Chief Executive Officer of GAMCO Investors, the firm he founded in 1977. In today’s episode, we hear the framework behind one of the best stock pickers over the last 50 years! Mario walks us through what he thinks about when analyzing both industries and companies. He touches on the impact of fiscal and monetary stimulus, labor costs, and supply chains. Then we walk through some different industries – media, autos, energy, and yes, I even got him to talk about my favorite – farmland and ag! As we wind down, we hear about Mario’s recent focus on PPP – people, profits, planet, and why he chose to launch an actively managed ETF. Please enjoy this episode with GAMCO Investor’s Mario Gabelli.