2min chapter

How Leaders Lead with David Novak cover image

#101: Stanley Druckenmiller, the #1 investor in the world – See the future differently

How Leaders Lead with David Novak

CHAPTER

The Biggest Change in the History of Money Matters

i looked at a 50 year trend line of housing. It was obvious, just because housing prices went up for 50 years every year, don't mean they're going to continue to go up. People had borrowed 800 billion dollars against their homes,. and they were flipping them and doing all this crazy stuff. And then in two thousand ten you decide to end your decane capital fund, return your clients money and invest your own money. That's a huge deal. O big change as a leader. I looked at the history of successful money matters, sorrow, steinhart, bruce covener, or some of my idols. By the time they hit late fifties, the

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