George Soros' Billionaire Money Manager Sees a Bright Spot in "Challenging" Investing Landscape
Stanley Druckenmiller is something of a prodigy on Wall Street. The billionaire has been a hedge fund manager for more than 30 years.
Druckenmiller founded Duquesne Capital Management in 1981, and his track record of success attracted the attention of another Wall Street legend -- George Soros -- who convinced him to join his Quantum Fund. In 1992 the pair made one of the most audacious and successful bets in investing history, which reportedly "broke the Bank of England." They shorted the British pound, banking more than $1 billion in a single day.
In fact, in all his time as a money manager, Druckenmiller has never had a losing year -- so when he talks, stockholders listen. And the billionaire hedge fund manager sees a significant opportunity, even amid the otherwise challenging environment for investors.
Source Fool.com
