Howard is rockin'. He says that stocks lead the way out of a recession by 6months and we are seeing that now. It is right out of the playbook. GAMCO Investors, Inc ("GAMCO") prepared this posting as a matter of general information. We do not intend it to be a complete description of any security or company. All facts and statistics referenced herein are from sources we believe to be reliable, but we do not guarantee their accuracy and it may be incomplete or condensed. GAMCO makes no commitment to update this posting and it may remove it at anytime. This posting is made available free of charge for all persons that may legally view this posting regardless of whether you have a relationship with GAMCO or its affiliates. This posting does not constitute an offer or solicitation to purchase or sell a security nor is it a research report. Individuals should consult with a qualified financial professional before making any investment decisions.
The GAMCO Growth Funds share price will fluctuate with changes in the market value of the Funds portfolio securities. Stocks are subject to market, economic, and business risks that may cause their prices to fluctuate. When you sell Fund shares, they may be worth less than what you paid for them. Consequently, you can lose money by investing in the Fund. Foreign securities are subject to currency, information, and political risks. The Fund is also subject to the risk that the portfolio managers judgments about the above average growth potential of particular companies stocks is incorrect and the perceived value of such stocks is not realized by the market, or their prices decline.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. The prospectus, which contains more complete information about this and other matters, should be read carefully before investing.
For a prospectus, current performance and additional information, visit our website at www.gabelli.com/funds or call 800-GABELLI. Distributed by Gabelli & Company, Inc.
As of June 30, 2009 the GAMCO Growth Fund held the following shares of the securities referenced in the video: 50,900 shares of Google Inc., 123,000 shares of Apple Inc., 169,000 shares of International Business Machines Corp., 160,000 shares of Hess Corporation, 92,000 shares of Apache Corp., 120,000 shares of Freeport McMoran Copper & Gold Inc., and 231,000 shares of Agnico Eagle Mines Ltd. These securities are not necessarily reflective of the entire portfolio.
As of June 30, 2009, affiliates of Gabelli & Company have less than a 1% ownership in Google Inc., Apple Inc., International Business Machines Corp., Hess Corporation, Apache Corp., Freeport McMoran Copper & Gold Inc., and Agnico Eagle Mines Ltd.
The Portfolio Managers views are subject to change at any time based on market and other conditions. The information in this posting represents the opinions of the individual Portfolio Manager and is not intended to be a forecast of future events, a guarantee of future results, or investment advice. Views expressed are those of the Portfolio Managers and may differ from those of other portfolio managers or of the Firm as a whole. Because the portfolio managers at GAMCO and our affiliates make individual investment decisions with respect to the client accounts that they manage, these accounts may have transactions inconsistent with the information contained in this video. These portfolio managers may know the substance of the video prior to its posting. GAMCO and its affiliates may receive compensation from the companies referenced herein or may be soliciting any company referenced herein as a client for their services.
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Andrew Hickman reporting on Grasberg outside of the Queen Elizabeth II Conference Centerby doncorvette499 views
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WallStreetChick 2 years ago