#stanley-druckenmiller

#stanley-druckenmiller

Stanley Druckenmiller is a Wall Street legend whose trades are truly worth tracking due to how consistently he has been winning. He has been piling into , and as of late, and we'll get into why. Druckenmiller first gained fame by managing George Soros's Quantum Fund, where he orchestrated the $10 billion currency bet that "broke the Bank of England" in 1992. Since founding Duquesne Capital Management in 1981, he's delivered annualized returns exceeding 30% before closing to outside investors in 2010.

In 1981, he left the bank to found his own investment firm, Duquesne Capital Management, which would become the main vehicle for his investing career. Druckenmiller's reputation grew as he balanced running Duquesne with consulting work for the Dreyfus Corporation. By 1986, he was named head of the Dreyfus Fund while still managing Duquesne. Two years later, George Soros hired Druckenmiller as the lead portfolio manager for the Quantum Fund and a key manager at Soros Fund Management.