Soros has taught me that when you have tremendous conviction on a trade, you have to go for the jugular. It takes courage to be a pig.

Stanley Druckenmiller

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Stanley Druckenmiller

Born in 1953 in Pittsburgh, Stanley Druckenmiller founded Duquesne Capital in 1981 and served as lead portfolio manager for George Soros's Quantum Fund from 1988 to 2000. He was the architect of the 1992 pound-crisis trade that forced the Bank of England out of the ERM. Widely reported to have never posted an annual loss in thirty years, he is among the most consistently successful macro investors in history.

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