Tuesday

Eric Sprott on Rick Rule

Rick has a very long view that I cannot take because I run open-ended funds, whereas Rick runs partnerships with a long-term capital base, full-service brokerage accounts, and investment advisory accounts. These give him the ability to take a more long-term stance. Running open-ended mutual funds generally requires that we acquire shares of companies that have a good chance of performing well within a time frame of a few months rather than years.

- Eric Sprott: