My Personal Reaction

to Stanley Druckenmiller's Presentation

at Sohn Conference

So, if Druckenmiller sees the world this way (see full article at ZeroHedge or my excerpts of it), why doesn't the mainstream media see it his way? By reading the mainstream media, you would think that everything was normal ...

Maybe that's not their job ....

Or maybe they aren't independent ....

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So, what is an investor to do? Maybe, borrow cheap capital and invest in private projects. Maybe, invest in income-producing hard assets.

Or, short the equity market(s)?

Or, buy gold? Which is what Druckenmiller claims to have done.

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Easy questions to ask. Answers, not that easy. 

Which reminds me: 

When they asked Soros in an interview what he has learnt when he looks back at history and his own investing experience, he answered, "I learnt to expect the unexpected." It's a hard lesson to digest because our natural tendency as humans is to think/believe that tomorrow will be the same as today.

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