Here’s a quick article about hedge fund manager Stanley Druckenmiller, a great read for the weekend, with 6 key points on his trading philosophy:
1. Flexibility
2. He understands and applies perfectly the concept of risk/reward and one of his main weapons is proper timing
3. The most important lessons from George Soros
4. Great defense wins championships
5. About valuation and timing the market
6. About leverage
Stanley Druckenmiller – “The Greatest Moneymaking Machine In History”