Be a Contrarian or Be a Victim: Rick Rule on Resource Investing
At The Rule Symposium on Natural Resource Investing 2024, host Rick Rule highlighted the distinctive features of this established conference. Unlike free events where attendees are essentially the product, Rule’s symposium charges participants, ensuring alignment with their interests. The event boasts top-tier speakers, carefully vetted exhibitors, and “living legends” who have built multi-billion dollar natural resource companies.
Rule emphasized the critical importance of investor education, contrarian thinking, and focusing on material, high-quality deposits in the natural resource sector. He shared a key insight:
“Something that I’ve learned in this business is you’re either going to be contrarian or you’re going to be a victim. I’ve learned to love-hate what has disappointed people, what has bored people, what are people angry about — that’s what I want to buy. What do they love, what makes sense, what has no objection to the story — that’s what I want to sell.”
The interview covered various topics, including current interest in silver and uranium, challenges facing the Canadian resource sector due to government policies, and global political trends. Rule stressed the importance of seeking undervalued opportunities and avoiding hype.
He also highlighted resources available through Rule Investment Media, including personal stock rankings, CEO interviews, and free educational content on evaluating mining and oil & gas investments.
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