Stanley Druckenmiller – If You Invest In Conventional Wisdom You’re Going To Lose Your Butt

Johnny HopkinsStanley DruckenmillerLeave a Comment

Here’s a great interview with Stanley Druckenmiller at the USC Marshall School of Business where he speaks about the importance of unconventional investing. During the interview he makes two great points. First, he’s not a fan of diversification, and secondly investors need to focus on the longer term saying, “The present is already in the price.” Here’s an except from that interview: … Read More

Stanley Druckenmiller – The Greatest Lesson I Ever Learned From George Soros

Johnny HopkinsGeorge Soros, Stanley DruckenmillerLeave a Comment

What separates average investors from superinvestors is their ability to make big bets when they think they’re right. The question is, how do you develop such an aggressive mindset. Fortunately, one answer can be found in the book – The New Market Wizards, by Jack Schwager. There is one passage in particular in which Stanley Druckenmiller discloses a conversation he had … Read More