Posted by & filed under Management Issues.

Description:  Hedge-fund icon Stanley Druckenmiller is quitting the business after three decades, telling investors he’d been worn down by the stress of trying to maintain one of the best trading records in the industry while managing an “enormous amount of capital.”

Source: Businessweek.com
 
Date: 08/18/2010

Link: http://www.businessweek.com/news/2010-08-18/druckenmiller-to-shut-fund-after-30-years-as-stress-takes-toll.html

Questions for discussion:

  • What are the reasons given for Druckenmiller’s decision?
  • What do you think of his decision?
  • Do you believe he’ll be back, after some time away on a golf course?

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