05 Apr 2013 “Mr. Market Will Be More Manic Depressive”

Bob Robotti, President of Robotti & Company, speaks to Wall Street Week’s Jeff Salkin about his approach to value investing. Robotti sees the increase in passive-style investment funds leading to greater opportunity for stock pickers. He explains why he’s staying with multi-year positions in companies that supply the home building sector, and he discusses the opportunities created by accelerating domestic energy production.