Learning About Investing & Economics from Stanley Druckenmiller (the LEGEND)
If you haven't heard of Stanley Druckenmiller, here's the quick profile: Stanley made 30% returns for 30 years (COMPOUNDING), without having a single down year. Albert Einstein famously stated that compounding interest is "the most powerful force in the universe". Druckenmiller is "an absolute unit"!!!! Quite the track record to say the least..
At any rate, Druckenmiller is a legend and you can learn a lot from this man. I wanted to share this Bloomberg interview since it was very enlightening and taught me a lot about finance, investing, etc.
The Youtube caption describes this interview more nicely than I could ever attempt to:
"Dec.18 -- Billionaire investor Stanley Druckenmiller discusses the outlook for the U.S. economy, his investment strategy for stocks and bonds, President Donald Trump's attempts to sway Federal Reserve policy and the prospects for a solution to the U.S.-China trade dispute. He talks with Bloomberg's Erik Schatzker."
Druckenmiller on Economy, Stocks, Bonds, Trump, Fed: Full Interview
Anyway, I hope someone here finds as much value and enjoyment from this interview as I did. I would love to hear any thoughts or insights you guys might have as well. Thanks for stopping by and please share your thoughts!