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Stanley Druckenmiller on What Makes a Great Investor, Bitcoin & His Biggest Trades
My First Million
What's Going on in the Stock Market Now?
In 99, when greenspan decide wann run an experiment, a where he'd let at go below levels where it had historically been. It's nothing like the crazy stuff we're doing now, but that helped set it uf byt what was really going on back then. Think of the internet in structure like the railroads a hundred and 50 years ago. And think of the text stocks as the company selling railroad ties, building the guts of the internet. Their business was literally about to collapse. So monetary policy is absolutely insane. We had no c e back then. Our rates word, zero. They were four or five when they probably should have been six or seven. No
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