The Great Stanley Druckenmiller

59 years old Stanley Druckenmiller is legenda.Toy hedge fund was born on June 14, 1953 in Pittsburgh, Pennsylvania. He studied at the Richmond School The Collegiate School, and later graduated with honors in English and economics Bowdoin College in Berlin in 1975. After end of the college, Stan started his Ph.D at University of Michigan, but refused to start work as an analyst in Pittsburgh National Bank. As an analyst he stays too short, because the fast was promoted to research director.

28 years based on its Duquesne Capital Fund, using macroeconomic investment. His remarkable return attracts the attention of Dreyfus and he was invited to manage some of their funds. While managing its funds and some of Dreyfus, Druckenmiller achieved an average 40% return for 3 months, which is quite a feat.

In 1988, Stanley began working at Soros Fund Management, where chief strategist in 2000, while its direct and Duquesne. In 1992, Stanley Druckenmiller makes $ 1 billion, as with Soros bet against the British pound. Later on it and Soros say they are “people who ravaged the British bank”

In 2000, Druckenmiller left Soros Fund Management and devoted its Fund, since its establishment, the fund reported a single year of loss – 2010, the average return is 30% per annum. In 2010 Stanley Druckenmiller announced that closed its 12 billion fund Duquesne Capital, because it is disappointed that he could not bring a return on its customers and announced: “For 30 years I’ve been joy managed money to its customers, but comes time in which you have to give … I think that 30 years is enough “Stanley is also known for the many donations that make in your life, one of which is a donation of 36.5 million. dollars reconstructed in the scientific faculty in Bowduin.

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