Mario J. Gabelli is the Chairman and Chief Investment Officer - Value Portfolios of GAMCO Investors, Inc.
The above webcast is an excerpt from a CNBC broadcast that appeared on November 11, 2016. The webcast is made available by CNBC
and is provided on GAMCO's website for your convenience only.
GAMCO is providing these links as a matter of general information. We do not intend for these links to be a complete description
of any security or company and it is not an offer or solicitation to buy or sell any security, nor is it a research report with
respect to any of the companies mentioned herein.
As of October 31, 2016, affiliates of GAMCO Investors, Inc. beneficially owned 4.76% of Janus Capital Group, 3.12% of Waddell &
Reed, 10.35% of Viacom Class A, 9.39% of CBS Class A and less than 1% of State Street Corp., Northern Trust Corp, Bank of New
York, Viacom Class B, CBS Class B, AT&T, Time Warner Inc., Disney, Netflix and Apple.
Mr. Gabelli's views are subject to change at any time based on market and other conditions. The information in this posting
represents the opinions of Mr. Gabelli and is not intended to be a forecast of future events, a guarantee of future results, or
investment advice. Views expressed are those of Mr. Gabelli and may differ from those of other GAMCO officers, Portfolio Managers,
other employees, or of the Firm as a whole. Because the investment personnel 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 posting. GAMCO receives compensation from CBS Corp. for investment advisory services.
Discussion of any particular security or performance of any particular fund by a CNBC commentator and Mr. Gabelli does not
represent an offer of any product or service available from GAMCO Investors, Inc. and is not representative of any portfolio
of any fund or account managed by the company.
This webcast is not an offer to sell any security nor is it a solicitation of an offer to buy any security.
Stocks are subject to market, economic and business risks that cause their prices to fluctuate. When you sell
shares, they may be worth less than what you paid for them.
For more information, a prospectus, or summary prospectus visit our website at: www.gabelli.com
or call: 800-GABELLI
800-422-3554 • 914-921-5100 • Fax: 914-921-5118 • email@example.com