[1] Sprott started his career as a research analyst with Merrill Lynch, before becoming a fund manager.
[1][2] In 2001, he sold his first company, Sprott Securities, to the company's staff, and donated $10 million to Carleton University, who renamed their business school, the Sprott School of Business.
[1] Sprott advised investors to buy gold before the 2008 financial crash.
The primary investment objective of the corporation was to achieve capital appreciation by investing in securities of private and public companies that explore for, mine, and process molybdenum.
[6] The fund was listed on Toronto Stock Exchange under the ticker MLY.