Soros is the best loss taker I've ever seen. He doesn't care whether he wins or loses on a trade. If a trade doesn't work, he's confident enough about his ability to win on other trades. There are a lot of shoes on the shelf; wear only the ones that fit. If you're extremely confident, taking a loss doesn't bother you.
I’ve learned many things from him [George Soros], but perhaps the most significant is that it’s not whether you’re right or wrong that’s important, b… - Stanley Druckenmiller
I’ve learned many things from him [George Soros], but perhaps the most significant is that it’s not whether you’re right or wrong that’s important, b…
- Stanley Druckenmiller
The way to build superior long-term returns is through preservation of capital and home runs...When you have tremendous conviction on a trade, you ha… - Stanley Druckenmiller
The way to build superior long-term returns is through preservation of capital and home runs...When you have tremendous conviction on a trade, you ha…
Soros is the best loss taker I've ever seen. He doesn't care whether he wins or loses on a trade. If a trade doesn't work, he's confident enough abou… - Stanley Druckenmiller
Soros is the best loss taker I've ever seen. He doesn't care whether he wins or loses on a trade. If a trade doesn't work, he's confident enough abou…
I particularly remember the time I gave (the research director) my paper on the banking industry. I felt very proud of my work. However, he read thro… - Stanley Druckenmiller
I particularly remember the time I gave (the research director) my paper on the banking industry. I felt very proud of my work. However, he read thro…
The way to build long-term returns is through preservation of capital and home runs. - Stanley Druckenmiller
The way to build long-term returns is through preservation of capital and home runs.
Everyone sort of lives with their rulers in the past and doesn’t look at coming changes. - Stanley Druckenmiller
Everyone sort of lives with their rulers in the past and doesn’t look at coming changes.
Once you make a lot of money, it's incredibly enjoyable to give it away. It's a way to satisfy the soul. - Stanley Druckenmiller
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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