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home / news releases / SPDN - 'Risk Off' Could Happen Fast And Hard


SPDN - 'Risk Off' Could Happen Fast And Hard

I was talking to a friend who made eight figures as a trader and investor. He's a big time biotech investor. Worked with Morgan Stanley and a guy who became a top trader for Stanley Druckenmiller.

Stanley Druckenmiller: Net worth $4B+ as an investor. Was fired by George Soros then rehired leaving Soros' hedge fund in this guy's hands. Helped bet against British Pound in 1992 trade that reportedly made a billion dollars. Closed Duquesne Capital in 2010 to manage own money and that of several friends. Comparable long-term performance record to Buffett. Last year

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Stock Information

Company Name: Direxion Daily S&P 500 Bear 1X Shares
Stock Symbol: SPDN
Market: NYSE

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