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In episode 327, we welcome our guest, Mario Gabelli, Chairman and Chief Executive Officer of GAMCO Investors, the firm he founded in 1977.\n\xa0\nIn today\u2019s episode, we hear the framework behind one of the best stock pickers over the last 50 years. Mario walks us through what he thinks about when analyzing both industries and companies. He touches on the impact of fiscal and monetary stimulus, labor costs, and supply chains.\n\xa0\nThen we walk through some different industries \u2013 media, autos, energy, and yes, I even got him to talk about my favorite \u2013 farmland and agriculture.\xa0\n\xa0\nAs we wind down, we hear about Mario\u2019s recent focus on PPP \u2013 people, profits, planet, and why he chose to launch an actively managed ETF.\n\xa0\nPlease enjoy this episode with GAMCO Investor\u2019s Mario Gabelli.\n\xa0\n-----\n\xa0\nFollow Meb on Twitter at @MebFaber\n\xa0\n-----\n\xa0\nToday\u2019s episode is sponsored by NordVPN. NordVPN strives to make the internet better than it is today. It can be free from online threats, censorship, and surveillance. What started with a single VPN server is now one of the most trusted internet security providers in the market, serving over 14 million users worldwide. Known for strong values and well-thought-out features, NordVPN is recognized by influential tech sites and IT security specialists. Visit www.nordvpn.com/meb for a discounted 2-year plan plus a bonus gift.\nLearn more about your ad choices. Visit megaphone.fm/adchoices