Billionaire investor Stanley Druckenmiller discusses his economic and market outlook for 2020, the direction of monetary policy, and the upcoming U.S. election. He speaks exclusively with Bloomberg’s Erik Schatzker in New York > Watch Full Interview.
We feel that, especially in the current context, this quote deserves to stand alone in today’s post:
“I now understand why Druckenmiller could have made so much money in these times. A risk seeking mentality in an incredibly liquid leveraged area. I get it. I get that now. And if I had to do my career differently, I would have been trained about rates on the sell side early in my career so I could have made this part of it.”- John Burbank