We’ve just been re-reading one of our favorite speeches from legendary investor Stanley Druckenmiller at the Lost Tree Club some years ago. During the speech ‘The Druck’ provides some great insights into the mindset necessary to become a successful investor, saying: Excerpt From “The Druck” Speech The third thing I’d … Read More
Stanley Druckenmiller: What Characteristics Do You Need To Be A Great Investor
Here’s a great interview with Stanley Druckenmiller speaking to Bloomberg’s Erik Schatzker in which Druckenmiller provides his thoughts on the economy, stocks, bonds, trump, algos, and the Fed. Druckenmiller was asked what sort of personality you have to have to be a successful investor. He says: “I think you have to … Read More
Stanley Druckenmiller: What Should Investors Do If They’re In A ‘Slump’
Here’s a great interview with investing legend Stanley Druckenmiller at Real Vision in which he discusses the importance of investors knowing whether they’re currently ‘hot’ or ‘cold’ with regards picking investments. He also provides some great insights into what you should do if you find yourself in an investing slump. … Read More
Stanley Druckenmiller: Algos Have Taken The Rhythm Out Of The Market
Here’s a great video with Stanley Druckenmiller at Real Vision discussing the impact that algorithms are having on his investing strategy saying: “These algos have taken all the rhythm out of the market and have become extremely confusing to me.” Here’s an excerpt from that video: Druckenmiller: I’ve also struggled … Read More
Stanley Druckenmiller: My Biggest Mistake And What I Learned From It
Here’s a great interview with Stanley Druckenmiller at the Lost Tree Club in 2015. While the entire interview is a must read for all investors, there’s one answer from Druckenmiller that requires closer attention. Ken Langone asks Druckenmiller: KL: You mentioned some of your biggest winners in your career. What is … Read More
Stanley Druckenmiller – If You Invest In Conventional Wisdom You’re Going To Lose Your Butt
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 … Read More
Stanley Druckenmiller – The Greatest Lesson I Ever Learned From George Soros
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 … Read More