Stanley Druckenmiller, Part 1: The Young Gun Finds His Game

I’ve decided to break up my longer profiles and experiment with shorter, serialized posts. This should allow me to publish more frequently, more consistently, and with more variety. Today, we’re going to take a first look at Stanley Druckenmiller and his early days. Today’s sections: A legend stumbles The intuitive trader: an anachronism? Finding the great game The first mentor Key lessons: motivation, passion, and competitiveness; developing a personal style "I never thought the Nasdaq would drop 35 per cent in 15 days. This business is a bit like a drug. When you are doing well, it's hard to quit." Stanley Druckenmiller In March 2000, Stanley Druckenmiller was glued to the screens in his office at Soros Fund Management in Midtown Manhattan. The dot-com bubble was still underway, with mind-boggling volatility. Watching as a biotech stock skyrocketed, he turned to a fellow trader: “This is insane. I've never owned a stock that goes from $40 to $250 in a few months.” Druckenmiller had b

I’ve decided to break up my longer profiles and experiment with shorter, serialized posts. This should allow me to publish more frequently, more consistently, and with more variety. Today, we’re going to take a first look at Stanley Druckenmiller and his early days. Today’s sections: A legend stumbles The intuitive trader: an anachronism? Finding the great game The first mentor Key lessons: motivation, passion, and competitiveness; developing a personal style "I never thought the Nasdaq would drop 35 per cent in 15 days. This business is a bit like a drug. When you are doing well, it's hard to