Legendary hedge fund manager Stanley Druckenmiller speaking on why he thinks current Fed policy “makes no sense” and the Fed is once more making judgment errors that prescient risk managers can set up to profit from again the way a few of us did in 2008.
With an investment industry that likes to bank on Fed policies, billionaire Druckenmiller points out that he has made the largest outsized returns in his career by making his own macro assessments and then betting against the Fed where he believed they were making policy errors. Here is a direct video link.
Here is part 2 of his speech.
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