Legendary Investor Stanley Druckenmiller On The Stock Market, Tax Reform, And His Stock Picks | CNBC

Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?

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?

How is this person working for CNBC? She's brilliant! And Druckenmiller is one of a kind.

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.

Best money manager alive.

OMG I watched this interview a few times and I never got enough of this two she is awesome and he is very professional

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.

best interviewer AND best guest!!!

I'm amazed he can think straight with that sweater staring him in the face.

Very wise and thoughtful conversation

15:31 "I don't really like hedging. To me, if something needs to be hedged you shouldn't have a position in it."

I think he could get her; he makes her laugh and is super smart. Great interview.

Legend

Good interview. Great questions, thanks!

Awesome job. With amazing questions. Great interview .

amazing interview! A legend is speaking the truth.

Great interview.

Excellent interview. Very insightful

Excellent interview... great guy!

Mr. Druckenmiller speaks the truth. Thanks for having him on.