Stanley Druckenmiller

I doubt 99% of the investors are profitable.

 

I find looking at the past helps in thinking one can predict the future

 

He is not only wrong, the day before earnings is when day-trading degenerates gamble the most.

So that specific day and the day after is when markets move.

 

The key word here is "Market". He's talking overall.

But when Investors invest, it's Earnings that put Money in their Pockets eventually, due to Liquidity.

 

You are right, only 98% of long term investors are profitable.

 

Have you tried driving you Lambo by using the rearview mirror?

 

But he made more money trading his way than me, even though you think he is dead wrong.