Best quotes by Stanley Druckenmiller on Money

Checkout quotes by Stanley Druckenmiller on Money

• ‟ The first thing I heard when I got in the business - not from my mentor - was, 'Bulls make money, bears make money, and pigs get slaughtered.' I'm here to tell you I was a pig. And I strongly believe the only way to make long-term returns in our business that are superior is by being a pig.

  - Stanley Druckenmiller
  

• ‟ What a company's been earning doesn't mean anything. What you have to look at is what people think it's going to earn. If you can see something in two years is going to be entirely different than the conventional wisdom, that's how you make money.

  - Stanley Druckenmiller
  

• ‟ If you're running a business for the long term, the last thing you should be doing is borrowing money to buy back stock.

  - Stanley Druckenmiller
  

• ‟ Carried interest... you're making money on somebody else's capital. It's not on your own. If that's not income, I don't know what is.

  - Stanley Druckenmiller
  

• ‟ For 30 years I've been responsible for managing client money, and it's been a joy, but at some point I need to move on. Thirty years is enough.

  - Stanley Druckenmiller
  

• ‟ Good debt growth is when you borrow money, and it goes into the real economy. You do capital spending. You build businesses.

  - Stanley Druckenmiller