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 DRUCKENMILLERThe way you create deflation is you create an asset bubble.
More Stanley Druckenmiller Quotes
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Bitcoin is like anything else: it’s worth what people are willing to pay for it.
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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.
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I don’t like the repeal of the estate tax.
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In my experience, the more successful an idea is, the easier it is to fund it. In philanthropy, it’s almost harder.
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I like putting all my eggs in one basket and then watching the basket very carefully.
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If you’re extremely confident, taking a loss doesn’t bother you.
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It’s liquidity that moves market.
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The way to build long-term returns is through preservation of capital and home runs.
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I’m gonna be a millionaire someday.
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The key to money management. It’s making a lot of money when you’re right and minimizing it when you’re wrong.
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Once an economy reaches a certain level of acceleration, the Fed is no longer with you
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Once you make a lot of money, it’s incredibly enjoyable to give it away. It’s a way to satisfy the soul.
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Good debt growth is when you borrow money, and it goes into the real economy. You do capital spending. You build businesses.
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The way you create deflation is you create an asset bubble.
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You can be far more aggressive when you’re making good profits.
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