Stanley Druckenmiller at The Lost Tree Club

A fantastic speech given in 2015 that exemplifies Druckenmiller's passion for the stock market

Stan Druckenmiller is one of the world’s greatest money managers, the former mentee to George Soros, and someone who has lived and traded through market cycles for more than 30 years. I believe that people enjoy hearing what he has to say because of his experience, but equally due to the manner in which he carries himself. His passion for the stock market and demystifying its complexities as though they were puzzles oozes from his persona. In 2015, he sat down with Ken Langone at the Lost Tree Club in what is now considered a timeless discussion about markets, processes, and monetary policy. Many of the things discussed in this interview hit especially hard today.

The transcripts for this discussion I could find online were of poor quality so I have taken the liberty of reproducing my own. Instead of interjecting with my own commentary, I wanted to present this conversation in its raw form; because it’s so great it needs no interruption.