Benjamin Graham disciple and deep value investor Mario Gabelli tells Bloomberg News that he’s focusing not on sectors or the broader market, as many strategists are, but instead at individual stocks that have strong potential for the next three or four years. And, he says he’s seeing a number of opportunities.

Gabelli discusses potential plays in the financial, airline, newspaper, and telecom industries, and also explains why he thinks we’re starting a new round of corporate mergers, particularly in the food industry.

[youtube=http://www.youtube.com/watch?v=LGVKsYRLl5E&hl=en&fs=1&]