3 Quotes by Marc Gabelli

What we look at is basic fundamentals, looking at cash flow, looking at a franchise, so when a company has a solid business in a local marketplace, with a good customer base, we like that. It's very simple to understand. Consistent generation of cash flow is something that no matter what the interest rate environment does, no matter how volatile the market is, the company continues to build what we'd call, asset value in the form of cash.

This is really a stock picker's market and not an index picker's market. I'm not buying stocks on a group's performance ever.

I don't think that Qualcomm has the third-generation cellular market or the CDMA market that the analysts were expecting.