Mining Stock Education · Friday, September 4, 2026
Rick Rule believes that while newsletter writers still influence investor psychology, their power to move specific stocks has decreased due to the increasing institutionalization of the junior markets and the rise of passive ETFs. He also noted that new media channels, like Bill Powers', are now efficient ways for him to reach the market.
“So do you still think that newsletter writers have as much sway over investors psyche and moving specific stocks as they used to decades ago”
“Over investor psyche yes but not over institutional investors”
“means that the ability of newsletter writers to move markets is substantially lower”