The Money Is In The Thinking (guest: Morris Sachs)
The Market Huddle
00:00
Treasuries - I Don't Get Stocks
There's no shame in taking the loss you're gonna have losers I keep saying this but over and over again Stanley Druckenmiller loses 40% of his trades. There's just so much randomness in the marketplace that if you're trying to operate on a moment by moment basis you're gonna get shaken out. You know when you're shorted six you don't want him to see five prints because he's gonna feel comfortable right? He might even lightly go six bid it might go six bid for half a second and you get a seven up there they say.
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