Advice from Druckenmiller

Since the board is quiet, here is a short article with some useful advice.

Stanley Druckenmiller makes a few interesting points, including a specific piece of advice for novice investors. But advice that serves as a good reminder to any investor in these more challenging times

  1. While keeping current with stocks is helpful, it should not be the focus of long term investors
  2. His advice is to “imagine where the stock should be 18 - 24 months out, and whether that is reflected in the price”
  3. Fits with valuation models since the present value should be a reflection of a company’s future cash flows