Summary Nikkei Kinyu Shimbun - 11/02/01 “Finance and terrorism” - an investor interview Marc Gabelli of Gabelli Asset Management believes that terrorism is not a significant threat to globalization, because of the expansion of the free trade. He says that the global economy has potential to go into a recession, because the U.S. - style economic system has become a global standard. While the corporate profit is still weak, he thinks that Gabelli can continue to discover investment opportunities that are likely to perform well regardless of the investment environment. Gabelli’s investment style is based on PMV, and with this investment methodology, Gabelli thinks it can generate profits with a high probability. In Japan, Gabelli also plans to implement its bottom-up investment. Gabelli’s goal is to generate 15% per year in Japan, by selecting stocks that have potential to generate a 50% return over two years. In Japan, there are many companies that will benefit from the free trade, says Gabelli. He also expects that M&A will increase. There are a number of globally competitive companies with a sound balance sheet. Rohm, Nintendo, and Kyocera are some of the great investment opportunities, and street analysts are underestimating the quality of management of these companies, says Gabelli. The views expressed in this article reflect those of Marc Gabelli only as of the date of the article. The information in this article is not an offer to sell or a solicitation to buy any security. No security or other product is offered or will be sold in any jurisdiction in which such offer or solicitation, purchase or sale, would be unlawful under the securities laws, or other laws of the jurisdiction.