Stanley Druckenmiller

About Stanley Druckenmiller

Stanley Freeman Druckenmiller (born June 14, 1953) is an American billionaire investor and former hedge fund manager. He founded Duquesne Capital Management in 1981 and served as lead portfolio manager for George Soros's Quantum Fund from 1988 to 2000. Druckenmiller is best known for his role in "breaking the Bank of England" in 1992, where he and Soros famously shorted the British pound, reportedly generating over $1 billion in profits. During his 30-year career managing money, he never had a losing year, achieving average annual returns of around 30%. His investment approach combines top-down macroeconomic analysis with concentrated bets. Druckenmiller believes in being aggressive when conviction is high, stating, "The way to build long-term returns is through preservation of capital and home runs." He is known for his ability to quickly change positions when wrong. After closing Duquesne Capital in 2010 to manage his personal wealth, Druckenmiller has continued to be an influential voice in markets, sharing his views on monetary policy, market cycles, and investment opportunities.