14 Apr Stanley Druckenmiller Pearls of Investing Wisdom

On career

If you are early on in your career and they give you a choice between a great mentor or higher pay, take the mentor every time.

On investing

Never ever invest in the present. Visualize the situation 18 months from now and whatever it is, that’s where the price will be, not where it is today.

Earnings don’t move markets. Federal Reserve Board does. Focus on central banks and focus on the movement of liquidity. Liquidity moves market.

Paper: Stanley Druckenmiller Pearls of Investing Wisdom