Login | Register Share:
  Guess quote | Authors | Isles | Contacts

Stanley Druckenmiller [1953-0] American
Rank: 104
Businessman, Manager


Stanley Freeman Druckenmiller is an American hedge fund manager, he is the former Chairman and President of Duquesne Capital, which he founded in 1981. He closed the fund in August 2010 because he felt unable to deliver high returns to his clients. At the time of closing, Duquesne Capital had over $12 billion in assets.
From 1988 to 2000, he managed money for George Soros as the lead portfolio manager for Quantum Fund. He is reported to have made $260 million in 2008.

Strength

QuoteTagsRank
I've always loved to play games, and face it: investing is one big game. You need to be decisive, open-minded, flexible and competitive.
101
I think ageing demographics is a bigger issue in China than people think. And the problems it creates should be become evident as early as 2016.
102
All in all, I don't think robots and greater automation can bring about a utopian world as I imagined it would as a kid 50 years ago.
103
Part of my advantage is that my strength is economic forecasting, but that only works in free markets, when markets are smarter than people. That's how I started. I watched the stock market, how equities reacted to change in levels of economic activity, and I could understand how price signals worked and how to forecast them. Strength
104
If you're running a business for the long term, the last thing you should be doing is borrowing money to buy back stock.
105
For 30 years I've been responsible for managing client money, and it's been a joy, but at some point I need to move on. Thirty years is enough.
106
Whenever I see a stock market explode, six to 12 months later you are in a full blown recovery.
107
I believe that good investors are successful not because of their IQ, but because they have an investing discipline. But, what is more disciplined than a machine? A well-researched machine can make many average investors redundant, leaving behind only the really good human investors with exceptional intuition and skill.
108
If machines do everything well, including allocating capital and resources efficiently, can that be deflationary, can that eliminate poverty? I don't know. It's hard to be very optimistic if you look at how humans have behaved historically.
109
Good debt growth is when you borrow money, and it goes into the real economy. You do capital spending. You build businesses.
110
I think old people like Hillary Clinton and I shouldn't try and be cool with social networks, you know; maybe she should leave that stuff up to Chelsea.
111
I love being around kids. I couldn't figure out why all these 70-year-olds wanted to hang out with me when I was 27. Now I understand, and I'm trying to steal their energy from them like they stole from me at the time.
112

The script ran 0.005 seconds.