Stanley Druckenmiller interview (2018)

[maplevalue]

New interview by Druck:

 

 

Thanks for sharing!

[VersaillesinNY]

2021 Student Investment Fund Annual Meeting Keynote by Stanley Druckenmiller

 

Edited May 15, 2021 by VersaillesinNY

[Spekulatius]

There is also a sweet and short one with CNBC:

I always enjoy his commentary. He doesn’t have a fixed view and keeps an open mind.

[dcollon]

Thanks for posting Spekulatius.  Anyone have the full interview?

[LearningMachine]

Thanks @VersaillesinNY and @Spekulatius.

I really like what he said about how hard it is to predict which company will be successful in some areas long term, e.g.

• Facebook was the 11th social network
• Before Google, there was a company called Yahoo, and
• If cryptocurrency ends up being used for exchanges, the winning cryptocurrency might not even be invented yet

Edited May 15, 2021 by LearningMachine

[Viking]

15 hours ago, VersaillesinNY said:

2021 Student Investment Fund Annual Meeting Keynote by Stanley Druckenmiller

 

Thank you for posting. Some take aways:

1.) current investment positioning: short US$; positioned for inflation - long commodities (oil, copper etc); long equities. Will be surprised if he has not exited equity positioning by year end.

2.) Fed is supposed to be forward looking with policy. Focussed on employment which is a lagging indicator. This makes no sense.

3.) current environment: risky, interesting as hell, will end badly just don’t know when. 

4.) shorting: currently as much opportunity as he has seen in his lifetime on short side 

[VersaillesinNY]

Stanley Druckenmiller: “The greatest investors make large concentrated bets where they have a lot of conviction”

https://thehustle.co/stanley-druckenmiller-q-and-a-trung-phanin 

[Spekulatius]

1 hour ago, VersaillesinNY said:

Stanley Druckenmiller: “The greatest investors make large concentrated bets where they have a lot of conviction”

https://thehustle.co/stanley-druckenmiller-q-and-a-trung-phanin 

And the rest goes broke doing the same thing.

[MattR]

18 hours ago, Spekulatius said:

And the rest goes broke doing the same thing.

Yes, because they forget the other side of the coin to cut loses quickly.

[Spekulatius]

16 hours ago, MattR said:

Yes, because they forget the other side of the coin to cut loses quickly.

It is that simple.

[MattR]

3 hours ago, Spekulatius said:

It is that simple.

It is simple in theory - It is difficult emotionally. I tend to cut my loses quickly, but don't let my winners run enough others let their winners run more, but also hold onto losers. The most successful investors have both. They are quick to change their minds and adapt to new circumstances, yet let their winners run.

[Spekulatius]

Here is mother recent talk. Druckenmiller here gives actually a bit of trading advice:

1) He exits when he figures his thesis is wrong

2) He Never uses stop loss.

Is anyone using Toggle AI and if so, what is the experience? Today, IB has a Webinar today about Toggle AI around lunch time, so if it is quiet at work, I might give it a listen.

Edited June 2, 2021 by Spekulatius

[Aurel]

1 hour ago, Spekulatius said:

Here is mother recent talk. Druckenmiller here gives actually a bit of trading advice:

1) He exits when he figures his thesis is wrong

2) He Never uses stop loss.

Is anyone using Toggle AI and if so, what is the experience? Today, IB has a Webinar today about Toggle AI around lunch time, so if it is quiet at work, I might give it a listen.

 

I'm very impressed, that he is still so hungry + an early adopter in this tech-stuff (exept crypto )!