How Leaders Lead with David Novak

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

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Sep 22, 2022
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ANECDOTE

Childhood Impact

  • Stanley Druckenmiller's parents divorced when he was six, and they split the children.
  • He played poker with servicemen on the train and developed an early interest in gambling with an edge.
ANECDOTE

Hot Dog Business

  • At Bowdoin, Druckenmiller and Larry Lindsey started a hot dog stand.
  • This experience made Druckenmiller realize he preferred physical labor.
ANECDOTE

Early Promotion

  • Druckenmiller's mentor, Mr. Drellus, promoted him to director of research at 25.
  • Drellus wanted someone with a fresh perspective, unscarred by the previous bear market.
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