Bitcoin is like anything else: it’s worth what people are willing to pay for it.
STANLEY DRUCKENMILLERIn my experience, the more successful an idea is, the easier it is to fund it. In philanthropy, it’s almost harder.
More Stanley Druckenmiller Quotes
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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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I don’t like the repeal of the estate tax.
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I’m gonna be a millionaire someday.
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The way to build long-term returns is through preservation of capital and home runs.
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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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I like putting all my eggs in one basket and then watching the basket very carefully.
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You can be far more aggressive when you’re making good profits.
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I think Bezos is incredible.
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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’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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If you’re extremely confident, taking a loss doesn’t bother you.
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There’s just nothing to me so invaluable in my business, but in many businesses, as great mentors.
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Whenever I see a stock market explode, six to 12 months later you are in a full blown recovery.
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The way you create deflation is you create an asset bubble.
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