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Part of my advantage is that my strength is economic forecasting, but that only works in free markets, when markets are smarter than people. That's how I started. I watched the stock market, how equities reacted to change in levels of economic activity, and I could understand how price signals worked and how to forecast them.
— Stanley Druckenmiller
Tags: free, people, change, strength

Other Quotes by "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 about his ability to win on other trades that he can easily walk away from the position.
— Stanley Druckenmiller
Tags: win, walk, work, best
I have given myself a Tesla for my 60th birthday.
— Stanley Druckenmiller
Tags: given, birthday, myself
In my experience, the more successful an idea is, the easier it is to fund it. In philanthropy, it's almost harder.
— Stanley Druckenmiller
Tags: almost, successful, more, experience
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.
— Stanley Druckenmiller
Tags: loved, game, face, you
The few times that Soros has ever criticized me was when I was really right on a market and didn't maximize the opportunity.
— Stanley Druckenmiller
Tags: really, right, opportunity, me
View More by "Stanley Druckenmiller"
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