Hedge Funds
In case you missed it, the Wall Street Journal has an interesting profile out today on Mario Gabelli, the $89 million-a-year founder of Gamco Investors Inc. The story details 73-year-old Gabelli's success over the years as a stock-picker and his steadfast commitment to a research-heavy process even as a growing portion of the investing public is throwing in the towel on stock-picking in favor of index investing. Yet there was one juicy tidbit that came and went without much elaboration and, well, let's see if you can find what it is: "Mr.