Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The most money I've ever made was not because I saw the right direction, but because I recognized mistakes faster than everyone else.



The market is always right; the more stubborn you are in being wrong, the worse it will end for you.

His most classic operation:

Shorted the pound with Soros in 1992 and made 1 billion USD;
In 2008, he shorted early and left Bridgewater and Soros behind; in 2022, he sold US stocks early and shifted to cash, perfectly avoiding that round of the big bear.

The original words of Druckenmiller:

The best investors are the ones who are the most humble in front of the market.
I don’t care how smart you are, the market is smarter.

The ultimate secret of trading: stopping losses is 100 times harder than taking profits. Those who can admit "I was wrong" in a second are the ones who truly deserve to say "I made money."

——Stanley Druckenmiller, Duquesne's old partner, has had a 43-year career without a losing year, with an average annualized return of 30%.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)