MBA students at Gabelli School Of Business – Fordham University recently got some advice on success from Mario J. Gabelli himself.
Gabelli is a 1965 Fordham graduate and the founder of Gamco Investors, which manages nearly $40 billion in assets. In 2010, he and his wife, Regina M. Pitaro, gave $25 million — the largest gift in Fordham history — to the undergraduate business school, which was renamed the Gabelli School of Business. The undergraduate and graduate business schools recently unified under the Gabelli identity.
The school reported on his visit in a press release.
Gabelli talked with the MBA students about their goals and ambitions, telling them, “I still don’t know what I’m going to do 10 years from now.”
He went on to stress the importance of flexibility. “Whatever works today may not work in the future,” Gabelli said. That means getting comfortable with risk, he added.
“You have to take risks. There’s no reward without it,” he said.
Gabelli explained that remaining flexible and inquisitive served him well in his early days with Gamco, even when times were tight. And it’s a pattern he tries to maintain today.
Gabelli closed his talk with a quote from Paul McCartney: “Keep doing what you love.”
Today, the school that carries Gabelli’s name boasts 105 full-time and 85 adjunct professors educating both undergraduate and graduate students. The school offers three MBA programs (Full-Time Cohort, Professional and Executive) and 11 master of science programs. Starting in fall 2016, Gabelli will begin enrolling PhD students, according to the school’s website.
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