Stanley Druckenmiller: What Should Investors Do If They’re In A ‘Slump’ | Value Investing News

Stanley Druckenmiller: What Should Investors Do If They’re In A ‘Slump’

  • So when they’re winning and they’re hot they’re very very cautious and when they’re cold and losing money they’re betting big because they want to go home and tell their wife or their friends they made money.
  • If I was down I had not earned the right to play big and the little bets you’re talking about were simply on to tell me had I re-established a rhythm and was I starting to make hits again.
  • But it is really really important if you’re a money manager to know when you’re seeing the ball.
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