Meet Stanley Druckenmiller, one of the greatest investors ever. His fund returned over 30% annually for 30 years without a single down year.
Here is his philosophy:
đŹ "Never invest in today, always invest in the future" Visualize where the market will be in 18 months, not where it is now.
đïž "Keep your eye on liquidity"
Markets move on liquidity, not earnings.
đ "Don't be afraid of concentration"
Risk comes from not knowing, not from focus.
đšâđ« "Learn different asset classes" The future belongs to those who adapt to new trends.
đ "It's not about being right, but how much you make"
Focus on asymmetric opportunities.
đ "Good investing requires stomach, not IQ"
Emotional control trumps intelligence.
âïž "When you have conviction, bet big"
Small bets are missed opportunities.
âïž "Always remain flexible"
Adapt when circumstances change.