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To: alvik who wrote (31202)9/25/2002 8:34:30 AM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
I don't know GAB but the volatility doesn't seem to be worth the dividend yield. You would do better in bonds like TWTC where you are less likely to experience 20% plunges in the share price in a few weeks.

I should add that Mario Gabelli always comes across well when he is interviewed. But like most big cap managers, he tends to focus on the SP500 world; an index fund there is probably just as good as most active managers over time.


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