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

How Leaders Lead with David Novak

CHAPTER

How Do You Keep That Perspective Fresh to Day?

"I started the fourth quarter down 18 % and had written off my record of never having a down year, figured it was over," he said. "If i not taken that sabaticle and wallowed in my misery all summer and tried to trade my way out of it, i would have missed this entire trade." He added: "One of the big sins of the fed is they tend to keep monetary policy too loose for political reasons when the punch bowl should be pulled away"

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