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TIP485: Market Updates, Ray Dalio Retiring, Elon Buying Twitter and Elemental Power w/ Josh Wolfe
We Study Billionaires - The Investor’s Podcast Network
The Three Most Powerful Words That Never Go Away
Robbie: I admire Stan Druckenmiller because he's able to look at aberrations and anomalies in history. He has a humility every time with increasing frequency that you hear him speak publicly, Robbie says. The next few years will be very volatile, like these next few years of the '90s when Wall Street was going through its darkest hour for more than two decades. And we'll see some huge return on capital where companies are up 15 or 20 percent and then equated down by 10-15%. That is an analogy but it doesn't have any obvious catalyst as to why this would happen.
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