Negativity Creating Opportunities, Gabelli Says

Top value investor Mario Gabelli says those who contend buy-and-hold investing is dead are echoing a familiar refrain that has popped up at other points in history, and has yet to prove true. Gabelli tells CNBC that the negative sentiment in the market, and the fact that many investors are turning to quick-trading strategies, are creating big opportunities for those who are sticking with buy-and-hold stock approaches.

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