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Stanley Druckenmiller Strikes Backs, Defends Fossil Fuel Investments

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Mark Melin
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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.

Stanley Druckenmiller

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.