Druckenmiller, 53 Records And Three-Quarters Of A Trillion

Druckenmiller, 53 Records And Three-Quarters Of A Trillion

It's been 16 months since Stan Druckenmiller declared equities, broadly construed, uninvestable. To be fair, he didn't use the word "uninvestable." During a virtual chat with the Economic Club of New York on May 12, 2020, Druckenmiller said "the risk-reward for equity is maybe as bad as I've seen it in my career." He added some caveats about the Fed and other ostensible nuance, but suffice to say equities turned out to be a decent bet. The S&P is up nearly 60% since then, big-cap tech almo
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2 thoughts on “Druckenmiller, 53 Records And Three-Quarters Of A Trillion

  1. Time in the market vs. timing of the market?

    Not to contradict our host roasting unrepentant prattlers but I bet HF legends can give you the long term direction of stocks… it’s up ; probably true on most reasonable definition of long term (a few years, say) and, definitely true on a long enough timeframe… 🙂

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