CONSUELO MACK: This week on WealthTrack, contrarian investor Robert Kleinschmidt is known for galloping away from the herd to find hidden opportunities for the Tocqueville Fund. Where is this Great Investor looking now? An exclusive ride with Robert Kleinschmidt is next on Consuelo Mack WealthTrack.
Hello and welcome to this edition of WealthTrack, I’m Consuelo Mack. This week we have an exclusive interview with Robert Kleinschmidt, long time portfolio manager of the Tocqueville Fund and a self-described “authority resistant trouble maker” who revels in investing where others fear to tread. Kleinschmidt is the CEO, President and Chief Investment Officer of Tocqueville Asset Management, where he oversees assets worth more than $11 billion. He has managed the deep value, stock focused, Tocqueville Fund for more than two decades, beating the market and many of his peers with nearly 10% annualized returns in the process.