Stanley Druckenmiller Strikes Backs, Defends Fossil Fuel Investments

Former hedge fund manager Stanley Druckenmiller is caught in the middle of a politically correct battle over investment management of a college endowment. In a rare opinion piece, the one-time manager of Duquesne Capital, particularly noted for his outstanding 2008 performance where he is reported to have made $260 million as well as working with George Soros to “break” the Bank of England in 1992, defended his investment approach.  His foe? A student graduating in 2019 who questioned investments in the fossil fuel industry. Student questions Druckenmiller on fossil fuel investments From one perspective Isabella McCann may exemplify the desires…