Author · 3 quotes
Stanley Druckenmiller is an American hedge fund manager and philanthropist, best known for his successful track record in financial markets. He served as the lead portfolio manager for George Soros's Quantum Fund, where he famously generated significant profits during the Black Wednesday UK currency crisis in 1992. Druckenmiller is recognized for his macroeconomic investment strategies and his ability to anticipate market trends.
b. 1948
What a company's been earning doesn't mean anything. What you have to look at is what people think it's going to earn. If you can see something in two years is going to be entirely different than the conventional wisdom, that's how you make money.Never, ever invest in the present, Mikes Money Talks, 2023
You don’t get rich by diversifying into 50 mediocre assets. You get rich by finding 2 or 3 asymmetric home runs.
The first thing I heard when I got in the business - not from my mentor - was, 'Bulls make money, bears make money, and pigs get slaughtered.' I'm here to tell you I was a pig. And I strongly believe the only way to make long-term returns in our business that are superior is by being a pig.The New Market Wizards, p. 123, 1992
That’s all 3 quotes by Stanley Druckenmiller.