(Bloomberg) — Timid isn’t how most people would describe Stanley Druckenmiller. Yet that’s how he describes himself today.It’s not that Druckenmiller has sworn off taking risk. He owns copper and U.S. and Japanese equities, and he’s wagering on the Canadian and Australian dollars while shorting the yen and long-dated Treasuries — all positions that should profit in a stable-to-growing global economy.And in recent weeks, anticipating a pro-Brexit vote in the U.K., he bought the pound and banks including Barclays Plc and Lloyds Banking Group Plc. Only he wishes he’d been bolder.“I’m just too conservative in my old age,” Druckenmiller, 66, …read more
Source:: Yahoo Finance
