Put all your eggs in one basket and watch that basket very carefully. This is the advice from a legendary money manager, Stanley Druckenmiller. In 30 years of managing money, he compounded at over 30% per annum* and never had a down year.
When it comes to investing, few have ever done it better. When it comes to giving investment advice, I think this is pretty lousy.
In fairness to Druckenmiller, who I’ve heard say …
When it comes to investing, few have ever done it better. When it comes to giving investment advice, I think this is pretty lousy.
In fairness to Druckenmiller, who I’ve heard say …
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