$uper-Mario Gabelli Making Dollars and Sense

Gang,

You just never know what you're going to get when Mario Gabelli of GAMCO comes on the show but it's always something spicy and entertaining and, most importantly, valuable.

Today on Countdown to the Closing Bell, he joined me to tell us what he's investing in now, and *how* he picks companies. He's naming names and giving his favorite picks right now so, in case you missed it, the clips are below.  And, as usual, he didn't disappoint in the personality department.  At one point, I asked him what the number-one mistake investors make is and he busted out with a joke about watching CNBC and panicking.  I high-fived him for the swipe at our competitors but you guys know what he means: just be careful about all the day-to-day information out there that's flying around.  I was at CNBC during the dot-com build-up and subsequent implosion. Viewers loved us when they were making easy money, hated us when the party came to an end. Ridiculous no matter what business network you watch, people!

Mario is right, plus it doesn't hurt that he has one of the best performing funds over the past year.

Mario, you're an original!