A Quote by Stanley Druckenmiller

The first thing I heard when I got in the business - not from my mentor - was, 'Bulls make money, bears make money, and pigs get slaughtered.' I'm here to tell you I was a pig. And I strongly believe the only way to make long-term returns in our business that are superior is by being a pig.

Stanley Druckenmiller

Quote Topics

Business Money Bears Being Believe Bulls First First Thing Get Got Heard Long Long-Term Make Mentor Only Our Pig Pigs Returns Strongly Superior Tell Term The First Thing Thing Way

Quote Author

Stanley Druckenmiller
American - Businessman
Born: June 14, 1953

Bulls make money and bears make money, but pigs seldom do. When a stock or mutual fund is up 30%, sell one-quarter of your position.

Nancy Dunnan

We need to graduate from the ridiculous notion that greed is some kind of elixir for capitalism - it's the downfall of capitalism. Self-interest, maybe, but self-interest run amok does not serve anyone. The core value of conscious capitalism is enlightened self-interest. As Jim Cramer on CNBC says, "Bulls make money, bears make money, pigs get slaughtered."

Patricia Aburdene

One day we will have more inflation, and our bonds will bleed like a pig. The only reason for buying long bonds is short-term or as a desperate haven for terrorized investors. But the potential to make longer-term real money is naught.

Jeremy Grantham

I am not a pig farmer. The pigs had a great time, but I didn't make any money.

Willie Nelson

The wheels are turning, but the hamsters are all dead. Make it idiot-proof and someone will make a better idiot. I learned long ago, never to wrestle with a pig, you get dirty; and besides, the pig likes it.

George Bernard Shaw

The way to build superior long-term returns is through preservation of capital and home runs...When you have tremendous conviction on a trade, you have to go for the jugular. It takes courage to be a pig.

Stanley Druckenmiller

I came into business to make money, I make no apology for that. I wanted to make a lot of money but after the first £50million or £100million, it became less about making money and more about having fun.

Michael O'Leary

I got a reputation for being sort of nuts and difficult, because I was at that point, so I wasn't much in demand. And also, on the basic level, I'd made a lot of movies that didn't make money. And if you make movies that don't make money - I mean, it is a business, after all - you are not in demand.

Margot Kidder

Hollywood is a business and movie studios are only going to do what's going to make money. It's not an altruistic thing. They are blatant grabs for money. Responsible studios want to make quality pictures, but at the same time nobody is going to make quality pictures they know aren't going to make any money.

Paul Feig

The old model of the industry was founded largely upon business folk trying to make money off artists. At EMP, we let the music make the money, not the other way around. We have flipped the model to make the artistry be at the forefront of everything we do. Music makes the business and that's what makes it work.

David Ellefson

In business, every phase of things counts. Companies that just yell out a low price today to win business aren't going to make money in the long term.

Zhang Jindong

The best way to make money is not to have money as your primary goal. I've seen great people come into the business world primarily motivated to make money. Almost without exception they failed.

Ross Perot

I strongly believe that missionaries make better products. They care more. For a missionary, it's not just about the business. There has to be a business, and the business has to make sense, but that's not why you do it. You do it because you have something meaningful that motivates you.