Stanley Druckenmiller Quotes

Quotations and aphorisms by Stanley Druckenmiller:

I love being around kids. I couldn't figure out why all these 70-year-olds wanted to hang out with me when I was 27. Now I understand, and I'm trying to steal their energy from them like they stole from me at the time.
~Stanley Druckenmiller


Link:
https://openquotes.github.io/authors/stanley-druckenmiller-quotes/#35c95483

I believe that good investors are successful not because of their IQ, but because they have an investing discipline. But, what is more disciplined than a machine? A well-researched machine can make many average investors redundant, leaving behind only the really good human investors with exceptional intuition and skill.
~Stanley Druckenmiller


Link:
https://openquotes.github.io/authors/stanley-druckenmiller-quotes/#4ad4a318

Good debt growth is when you borrow money, and it goes into the real economy. You do capital spending. You build businesses.
~Stanley Druckenmiller


Link:
https://openquotes.github.io/authors/stanley-druckenmiller-quotes/#fecb6bf4

If machines do everything well, including allocating capital and resources efficiently, can that be deflationary, can that eliminate poverty? I don't know. It's hard to be very optimistic if you look at how humans have behaved historically.
~Stanley Druckenmiller


Link:
https://openquotes.github.io/authors/stanley-druckenmiller-quotes/#7f6238aa

I think old people like Hillary Clinton and I shouldn't try and be cool with social networks, you know; maybe she should leave that stuff up to Chelsea.
~Stanley Druckenmiller


Link:
https://openquotes.github.io/authors/stanley-druckenmiller-quotes/#28e24716

Whenever I see a stock market explode, six to 12 months later you are in a full blown recovery.
~Stanley Druckenmiller


Link:
https://openquotes.github.io/authors/stanley-druckenmiller-quotes/#7562f5f9

For 30 years I've been responsible for managing client money, and it's been a joy, but at some point I need to move on. Thirty years is enough.
~Stanley Druckenmiller


Link:
https://openquotes.github.io/authors/stanley-druckenmiller-quotes/#2848e4af

Part of my advantage is that my strength is economic forecasting, but that only works in free markets, when markets are smarter than people. That's how I started. I watched the stock market, how equities reacted to change in levels of economic activity, and I could understand how price signals worked and how to forecast them.
~Stanley Druckenmiller


Link:
https://openquotes.github.io/authors/stanley-druckenmiller-quotes/#acec960c

If you're running a business for the long term, the last thing you should be doing is borrowing money to buy back stock.
~Stanley Druckenmiller


Link:
https://openquotes.github.io/authors/stanley-druckenmiller-quotes/#f2361370

All in all, I don't think robots and greater automation can bring about a utopian world as I imagined it would as a kid 50 years ago.
~Stanley Druckenmiller


Link:
https://openquotes.github.io/authors/stanley-druckenmiller-quotes/#cb217c18

I've always loved to play games, and face it: investing is one big game. You need to be decisive, open-minded, flexible and competitive.
~Stanley Druckenmiller


Link:
https://openquotes.github.io/authors/stanley-druckenmiller-quotes/#d20cdbf8

I think ageing demographics is a bigger issue in China than people think. And the problems it creates should be become evident as early as 2016.
~Stanley Druckenmiller


Link:
https://openquotes.github.io/authors/stanley-druckenmiller-quotes/#0741db2e

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