Druck Tape

You always feel misunderstood
But you did the best you could
--Ric Ocasek

The always interesting Stan Druckenmiller did two sit downs this week. First was the Economic Club of New York on Monday. Then came CNBC Squawk Box on Friday. Although he covered a similar range of topics both days, including the Fed, trade wars, measuring GDP and inflation, his current investment positioning, entitlements, education, tax rates, capitalism vs socialism, upcoming election, both interviews are worth listening to.

Druck seems an enigma to me. His views on some issues seem true and difficult to counter while he clearly contradicts even himself on other issues. Monitor, for example, the contradictions spread across the threads on capitalism, the need to 'raise revenue,' and 'inequality' during the CNBC discussion.

Regardless, Druck's comments are always thought provoking and help build better thought process.