Video Segments: 0:00 Introduction 0:04 Expectation of Fed rates? 0:21 Is normalisation under way? 2:16 Should they be aiming for 2% inflation? 3:25 1% inflation is normal? 5:32 Consequences? 5:50 Like Bitcoin? 7:34 Do you own any Cryptocurrencies? 8:20 Bitcoin is the greatest bubble we have experienced? 9:11 A better way to get away from central banks apart from Bitcoin? 9:51 How has the year been for you? 11:32 What happened in currencies? 12:21 How are you setting up for 2018? 15:04 Are you going to hold your FAANG stock? 16:00 Are you short retail? 16:45 You are hanging onto Amazon? 17:22 Why do you like Chinese consumer companies? 18:24 Tesla and Elon Musk? 19:42 What about Apple? 20:18 Workday? 20:50 Has Donald Trump won you over and views on tax reform? 24:07 Would it of hurt Amazon? 24:40 What difference will tax reform make to the stock market? 25:26 AT will be very stimulating? 27:29 Do you support Donald Trump more now? 29:18 Kevin Walsh as Fed chair? 30:26 They should raise rates?
@WorldReserveCurrency6 жыл бұрын
How is this person working for CNBC? She's brilliant! And Druckenmiller is one of a kind.
@ceilahuge67306 жыл бұрын
OMG I watched this interview a few times and I never got enough of this two she is awesome and he is very professional
@giannisskourtis77406 жыл бұрын
Best money manager alive.
@matello186 жыл бұрын
best interviewer AND best guest!!!
@johnny35836 жыл бұрын
15:31 "I don't really like hedging. To me, if something needs to be hedged you shouldn't have a position in it."
@youkanglu5 жыл бұрын
Johnny absolutely true, transactions only lead to more costs
@mromneyobama7 жыл бұрын
She's a great interviewer. She lets the person answer her questions. Matt Lauer should learn from her; maybe give him a beginner's class.
@craskam7 жыл бұрын
Who's he interviewing? Family members? Or does he have a podcast now?
@benjaminfranklin41496 жыл бұрын
Kelly Evans is hands down the best business/finance news anchor on all of television. 32 years old and an extremely intelligent, ultra-seasoned professional.
@tenningale6 жыл бұрын
I had no idea she was only 32 here. She looks a lot older, like mid-40s.
@schecter6l63 жыл бұрын
The problem I have with Kelly is she basically asks the same questions as everyone else in the media business AAPL/AMZN/TSLA whatever the hot stock is. Notice Druckenmiller is not long AAPL or TSLA. The rest is are you up are you down? What do you think of the tax code ya-da ya-da the same crap!! I could have asked those same questions she did and I have no affiliation with journalism. Besides CNBC more than likely gave her those questions to ask.
@vincentmaldon77072 жыл бұрын
Mr. Druckenmiller speaks the truth. Thanks for having him on.
@Paperbacknovel7 жыл бұрын
I think he could get her; he makes her laugh and is super smart. Great interview.
@MrCem10166 жыл бұрын
paperbacknovel Not with that neck pouch...but she may over look that or rather be blinded by his $$$$
@Paperbacknovel6 жыл бұрын
He could get rid of that neck pouch with a little plastic surgery. I think some of it is caused by the shirt buttoned to the top, too.
@Paperbacknovel6 жыл бұрын
Rich?! Is that you?!
@Paperbacknovel6 жыл бұрын
Bill?
@foto216 жыл бұрын
I'm amazed he can think straight with that sweater staring him in the face.
@lapowerrunning77447 жыл бұрын
Very wise and thoughtful conversation
@kinked_chrome14386 жыл бұрын
It is unbelievable how interesting it is to listen to this guy despite his extraordinarily monotonous voice.
@hotmailnut3277 жыл бұрын
Greatest investor imo
@merchantsailor7 жыл бұрын
Druck as the indian in the Clint Eastwood movie said, "your words are like iron". This applies to Druck one of the very few people in the media I have to say is good to listen to.
@drewm2177 жыл бұрын
Legend
@mkelly11186 жыл бұрын
Stanley for president.
@Mikey8888888886 жыл бұрын
Excellent interview... great guy!
@stevenski_brewster6 жыл бұрын
Awesome job. With amazing questions. Great interview .
@breakoutgaffe40276 жыл бұрын
Absolute class
@lifehope46036 жыл бұрын
Insanely smart!
@haydenmacfarlane7194 Жыл бұрын
When you find someone who looks like a genius in retrospect, make sure you listen to them now especially if they have a contrarian view.
@1stMilcom7 жыл бұрын
amazing interview! A legend is speaking the truth.
@jimjr44327 жыл бұрын
What a woman!
@LAWSON086 жыл бұрын
You have excellent taste my friend!
@scottdiamond30236 жыл бұрын
This guy needs to be the next secretary for treasury.
@viirusiiseli2 жыл бұрын
Honest men don't do well in snake professions
@shafiuddin8177 жыл бұрын
Good interview. Great questions, thanks!
@ozziejin6 жыл бұрын
Good questions, really smart host
@nicosmind37 жыл бұрын
Deflation in the 1800s lasted at least 40 years and the economy grew strongly that whole time. Inflation isn't for the economy. It's for banks and governments
@BLUEGENE136 жыл бұрын
lol that is literally logically incoherent, deflation means the economy going down.
@BLUEGENE136 жыл бұрын
google: define inflation a general increase in prices and fall in the purchasing value of money. "policies aimed at controlling inflation" google: define deflation reduction of the general level of prices in an economy. your internet education in economics isn't real btw
@BLUEGENE136 жыл бұрын
"Prices are not set by themselves as a reaction to "inflation"" ya and? i never said they are (i suppose in my comment what everyone in economics supposes, inflation and deflation are the very changing of prices themselves). You're reading something into my argument that isn't even there
@pgaquigz11256 жыл бұрын
Little Cripple oh ya? Did u live back then pal?
@fredfrond61487 жыл бұрын
Great interview.
@vittoriorabagliati85327 жыл бұрын
bloopers video = millions views, smart people words = few thousands. So it's normal smart people makes money
@nakulshetty91716 жыл бұрын
Loved it
@Alexandra-b3n1s7 жыл бұрын
Excellent interview. Very insightful
@shangpush6 жыл бұрын
Tencent's $143 Billion Rout Is World's Biggest as Tech Sinks By Kana Nishizawa and Jeanny Yu July 31, 2018, 12:04 AM EDT Updated on July 31, 2018. HEY PETE! Great call about 17:40. THANKS SO MUCH!!!
@AmrishKelkar6 жыл бұрын
Great interview. Asking great questions, seguing into the next question very intelligently, and in general using her smarts to get him to answer a lot of good questions. I like how he's bowled over when she asks him about his anti-central bank stance and still being against bitcoin - you can see he doesn't have a good answer.
@SpaceWalkTraveller6 жыл бұрын
I wonder if Stan still loves Amazon. It's down about 25% since this interview went to air a year ago. All the FAANG stocks are now down well over 20%. Still a great interview to listen to.
@rizalukman79826 жыл бұрын
The point of view from Mr Stanley is more like from the side of best practice.Most people believe that inflation rate should be 2% because they learn it from economic text book.
@vladpuha6 жыл бұрын
At that time (innovation period) and 1950's they debt was lower and inflation wasn't desperate.
@duudleDreamz7 жыл бұрын
Great interview. Druckenmiller is making a valid point about Bitcoin's waste of energy. That's one of the reasons Ethereum is introducing ProofOfStake (instead of ProofOfWork.) Other coins such as Cardano/ADA is running solely on ProofOfStake, which largely eliminates the huge current need for electricity consuming ProofOfWork calculations on computing devices. Hopefully all coins will follow suit in due time.
@kurt99836 жыл бұрын
Don't bother trying to predict interest rates. A waste of time. Look for growing companies with pricing power and dominate businesses.
@gurusukh5 жыл бұрын
Absolutely. Which are those names currently in your opinion?
@SportsIncorporated7 жыл бұрын
If a Fed chair is picked cause you expect him to be easy. Why would you expect rates to rise much**. **I'm talking about the Fed's goal for interest rates.
@repeal16286 жыл бұрын
Deflation is good for productive men who's income has stayed the same for 35 years!!
@billystiawan4 жыл бұрын
i admire this guy, better than warren buffet
@stevenski_brewster6 жыл бұрын
Ditto: She's a great interviewer.
@xillian3447 жыл бұрын
Good interview.
@julieta2034 жыл бұрын
10:00 " What is the question exactly" 🤦♂️😂. Really dont know why he put himself through this interview. Yep the FED is normalizing rates....to ZERO!
@1imesub7 жыл бұрын
I like the new tax code and I'm not rich. My tax bracket is going down and my standard deduction is doubling. No complaints here.
@2011blueman7 жыл бұрын
We'll see in a few years when your taxes go up (most of the tax breaks for the non-rich are set to expire).
@livefreeordie75986 жыл бұрын
No free launch, 1.5 trillion debt added and the goverment takes less also means you can expect less social services from your goverment unless they add more debt. The rich and the powerful are completely in control of the policies now. Eventually some people will get screwed. Guess who?
@ballievlogs55153 жыл бұрын
10:15 stanley is so happy with his portfolio that he sticks his tongue out hahaha
@zelareka7 жыл бұрын
shes smart and cute
@LAWSON086 жыл бұрын
Very hot. Habernero hot
@pgaquigz11256 жыл бұрын
blableka yea I’d hit it hard
@Stewiehleba7 жыл бұрын
There is not social security problem. The government can meet it's obligations in time, on full, always. The government prints the money.
@LampOfMagic6 жыл бұрын
the problem he doesnt understand is that energy is heading towards renewable and graphics power is always going to be improving and it will also be fantastic when we achieve quantum computing because then crypto mining wont use that much electricity
@jdb777456 күн бұрын
He didn't even predict Covid 19! 😂😂😂
@redtroika82647 жыл бұрын
Stanley, if the Fed is manipulating policy to support the stock market, why not demand they stop the manipulation by ceasing to buy bonds and allow interest rates to rise? Why not start an online petition and send to Congressmen and the Fed Reserve?
@GodMode7147 жыл бұрын
Bitcoin is a medium of exchange. There are many ways to use it as money. I listened to him. He just said to short bitcoin. Good luck with that. You might make 10 percent on the upside, might lose 300% on the downside. Smart.
@GodMode7147 жыл бұрын
Short btc on margin for the darwin award.
@Kennan_Davis5 жыл бұрын
Bitcoin tanked severely. You proved you're another clueless person making a youtube comment. Anyone who shorted bitcoin profited big time relative to how much they used to short
@chiragpatel8492 жыл бұрын
@@Kennan_Davis what about now
@larryhardee19142 жыл бұрын
2% is a government bailout.
@mrbojangles75047 жыл бұрын
1.08% average inflation rate but they target 2%. “Radical Central Banking.”
@merchantsailor7 жыл бұрын
Unless AMAZON can get away with cross state border taxation they should pull back. Too big and too much power they will get knocked off.
@jichengjeff6 жыл бұрын
i am not sure they are emulating...great education for the girl
@NYProfessional7 жыл бұрын
"you're talking about humans who I'm not that familiar with" - Funny dude, but he needs to modulate his voice a bit so I don't fall asleep.
@alandbs3296 жыл бұрын
NY Professional no one cares what you think.
@pettsnjam3 жыл бұрын
If your marginal cost of electricity isn’t near zero you won’t be a profitable. So bitcoin is using energy that’s trapped.
@nustada7 жыл бұрын
It doesn't take that much energy to make a bitcoin transaction but that much energy to "mine" it, to have a new one. At some point it is no longer worth it to directly mine it. Once upon a time people could make a living panning gold from mountain streams, not you have to dig deep in the earth. At some point you will have to say "no more" on a practical level rather than a theoretical level.
@KP-dd2ci6 жыл бұрын
Wow...his first down year in 30 years...it's like Jordan missing free throws 10 times in a row.
@erikyang42606 жыл бұрын
Hi is vindicated on Bitcoins. He better be right on shorting the Dow or else I am losing a lot of money.
@RONMAYS717 жыл бұрын
Low rates are good , banks are making their money
@robreke7 жыл бұрын
Soooo.....buy gold?
@beuman06 жыл бұрын
Well he may be smart but he can't be right every time... Concerning Bitcoin he come from a generation where very very few people knew what a software is. The reality is that a software get updates and I perfectly know that with the tech that being developped right now will make Bitcoin super ecological, even more than the actual monetary system, and that fees are gonna be near 0. Remember the words from someone who perfectly know what he is talking about concerning Bitcoin (and Stanley know nothing about it... for now)
@ControlledOpposition5 жыл бұрын
Lol stfu
@KrishnaHarish7 жыл бұрын
😅
@jthomas28537 жыл бұрын
He sounds druck
@shadowbanned4days7 жыл бұрын
No one cares what your false thinks!!your always misleading and incorrect.