“It takes courage to be a pig,” is Stanley Druckenmiller’s motto. He has a yellow porcelain pig named Jerome sitting on his desk to remind him of this. Druckenmiller is one of the best currency traders of all time but a lot of people probably have no idea who he is. His net worth as of March 2013 is 2.8 billion dollars. Forbes has Stanley Druckenmiller listed as the 168th richest person in America. He has a fleet of over 12 different vehicles that are kept at his home at Southampton. He owns a multi-million dollar business jet, a Bombardier Global Express BD-700. From 1988 to 2000, he managed money for George Soros as the lead portfolio manager for the Quantum Fund. His most infamous trade is his bet against the Pound in 1992. While most people credit the trade to Soros, the actual idea came from Druckenmiller, Soros only encouraged him to take a bigger position. Stanley Druckenmiller with Soros in the background George Soros encourages Stanley Druckenmiller to trade bigger Druckenmiller recalls how Soros pushed him to trade bigger: ‘’As an example, shortly after I had started working for Soros, I was very bearish on the dollar and put on a large short position against the Deuts…
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