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)

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