Host
Chris Waltzek & Bob Chapman, The International
Forecaster discussion and answer listener's questions.
GUEST
BIOS:
Eric
Sprott
Sprott
Asset Management LP
Eric
Sprott has accumulated 35
years of experience in the
investment industry. After
earning his designation
as a chartered accountant,
Eric entered the investment
industry as a research analyst
at Merrill Lynch. In 1981,
he founded Sprott Securities
(now called Cormark Securities
Inc.), which today is one
of Canada's largest independently
owned securities firms.
After establishing Sprott
Asset Management Inc. in
December 2001 as a separate
entity, Eric divested his
entire ownership of Sprott
Securities to its employees.
Eric's
investment abilities are
well represented in his
track record in managing
the Sprott Hedge Fund L.P.,
Sprott Hedge Fund L.P. II,
Sprott Bull/Bear RSP Fund,
Sprott Offshore Funds, Sprott
Canadian Equity Fund, Sprott
Energy Fund and Sprott Managed
Accounts. In December 2004,
the Sprott Hedge Fund L.P.
was awarded the Opportunistic
Strategy Hedge Fund Award
at the Canadian Investment
Awards. In addition, the
Sprott Offshore Fund Ltd.
won the 2006 MarHedge Annual
Performance Award under
the Canada-Based Manager
category. Furthermore, in
October 2006, Eric was the
recipient of the 2006 Ernst
& Young Entrepreneur
of the Year Award (Financial
Services) and the 2006 Ernst
& Young Entrepreneur
of the Year for Ontario.
In December 2007, Eric was
named Fund Manager of the
Year by Investment Executive,
a widely circulated publication
for Canadian financial advisors.
In October 2008, the Sprott
Offshore Fund Ltd. won the
award for the Best Long/Short
Hedge Fund globally by HFM
Week, a leading publication
for the global hedge fund
industry.
Eric's
predictions on the state
of the North American financial
markets have been captured
throughout the last several
years in an investment strategy
article that he authors
titled "Markets At
A Glance".
Murphy
grew up in Glen Ridge, N.J.,
and graduated from the School
of Hotel Administration
at Cornell University in
1968. In his senior year
he broke all the Ivy League
single-year pass-receving
records. He then became
a starting wide receiver
for the Boston Patriots
of the American Football
League. He went on to work
for various Wall Street
brokerage firms and specialized
in commodity futures. He
began as a Merrill Lynch
trainee and went on to Shearson
Hayden Stone and Drexel
Burnham. From there he became
affiliated with introducing
brokers and eventually started
his own brokerage on 5th
Avenue in New York. He now
operates an Internet site
for financial commentary,
www.lemetropolecafe.com.
