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The chairman and CEO of Gabelli Funds discusses investing in sports, how the firm approaches value investing, and media properties that are on his mind.

Also, the Cleveland Foundation has named Lillian Kuri to succeed Ronn Richard as its leader, and the National Gallery of Art will install a new administrator in July.

Laura Pels, a leading benefactor of nonprofit theater through the Laura Pels International Foundation for Theater, which has helped a multitude of com

Throughout her lifetime, Pels donated an estimated $5 million to nonprofit theatre across the United States.

She led a foundation that underwrote productions for numerous theater groups, as well as playwrights like Harold Pinter and Arthur Miller.

A simple focus on what is now a well-known phenomenon helped the Gamco CEO execute what he calls some of the best trades in his decades-long career.

~~~ This is Masters in Business with Barry Ritholtz on Bloomberg Radio. BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra, extra special guest. What can I say? Ron Baron, founder of Baron Capital, he’s a legend, I don’t even know where to begin with this guy. He founded Baron Capital in 1982, he performance numbers he’s put up have just been obscene. Everything he does, he seems to find his way to just spectacular returns whether it’s public companies,...