by Justin Spittler
Stan Druckenmiller has some advice for you: “Get out of the stock market.”
Druckenmiller is one of the world’s greatest traders. From 1986 to 2010, his hedge fund earned average annual returns of 30%. Even more incredible, he never had one down year.
Druckenmiller stopped managing outside money in 2010. Today, he runs a family fund with about $1 billion in assets.
• Like us, Druckenmiller is bearish on U.S. stocks…
During the third quarter of 2015, he cut his holdings in U.S. stocks by 41%. He then issued this warning in November: