3min 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

Do You Know What Could Go Wrong?

Drock: What's obvious is obviously wrong, and it's already reflected in security prices. If everything is rosy, it's already in the stock price and already in the market. So you have to constantly be evaluating what could go wrong. But i'll turn that on its head. You also have to evaluate what could go right. Every top happens with consumer confidence high and not low. A year ago, you predicted the high inflation we have right now, that the markets would correct. And you were right. Once again. I'm extremely cold blooded for an investor. But trust me, i'm feeling inside. It's sort of like watching patrick hantley play

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