Wednesday screencast: balancing life’s portfolio

abnormalreturns
August 18th, 2010

The news broke this morning that famed money manager Stanley Druckenmiller was retiring from managing outside money after some thirty years in the business. Two themes emerge from the story. One is that from Druckenmiller’s perspective managing a large pool of money has become more difficult over time. The second is that achieving some sort of life balance while managing money is fraught with compromise. Today’s screencast explores these two issues:

Posts mentioned in the above screencast:

Stanley Druckenmiller is retiring from the hedge fund game. (Bloomberg)

Druckenmiller’s letter to investors. (DealBook)

“And retail investors hope to have any chance in this market where the big boys can no longer cut it? Good luck.” (Zero Hedge)

Is the Druckenmiller retirement a sign that markets have become too difficult? (footnoted, ampressman)

Duquesne Capital Management largest holdings. (Clusterstock, Zero Hedge)

Maybe Druckenmiller has got the formula just right now. (derekhernquist)

Income+Time=Shangri-La (Behavior Gap)

Abnormal Returns is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. If you click on my Amazon.com links and buy anything, even something other than the product advertised, I earn a small commission, yet you don't pay any extra. Thank you for your support.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

You might be interested in: