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Billionaire investor Mario Gabelli is avoiding cash, says SPACs have 'silver lining'

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'It was a wonderful display of intellect and energy,' GAMCO CEO Mario Gabelli says about Warren Buffett during Saturday's annual meeting. Read more from Gabelli with CNBCPro here:

Value investor Mario Gabelli, founder and CEO of Gamco Investors, said Monday he's expecting a robust year for the U.S. economy because of the Covid-19 vaccine rollout and a deluge of government stimulus.

 

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