Guys its 2023, you’re interviewing a legend here. How can you not take care of the sound?? Other than that, amaizing content

@johnroberts5225

Жыл бұрын

his mic is so stupid

@dmora2386

Жыл бұрын

To be fair, these are business men not twitch streamers. They don't have a shure sm7b clamped to thier Oak desk. Similarly, performing professional post processing on audio may cost more than the video brings in, in revenue. So... Do your analysis.

@silverbullag4759

Жыл бұрын

Hard argue with that sound is very poor

@davidhastings2603

Жыл бұрын

Sound is very low on the Interviewers side,Still an Excellent just hard difficult to here the questions. The answers are Loud & Clear❤

@jerrytritz

Жыл бұрын

As bad as th Beatles White Album’s initial release. Tragic

As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.

@graceocean8323

Жыл бұрын

You will need a strong FA to help you through the current market turmoil. I've been talking to an advisor for a while now, mostly because I lack the knowledge and energy to deal with these ongoing market conditions. I made more than $220K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring.

@hannahdonald9071

Жыл бұрын

@@graceocean8323 Mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 46 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.

@graceocean8323

Жыл бұрын

@@hannahdonald9071 My Financial Advisor is JEANNE LYNN WOLF. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so.

@hannahdonald9071

Жыл бұрын

@@graceocean8323 She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.

@web2yt488

Жыл бұрын

The best FA out there is King Tu Tu.

Use cc when sound is poor. Druckenmiller and Sokaloff are both legends. Good high level conversation.

@robertsmith37

Жыл бұрын

what is cc????

@viirusiiseli

Жыл бұрын

​@@robertsmith37 Closed Captions

@bekster5

Жыл бұрын

Great advice for drivers 🙄

@ecjjox

Жыл бұрын

@@bekster5 Even better advice is concentrate on driving.

@sivi9741

Жыл бұрын

About those millionaire an billionaire buy just a decent mic ?

Druckenmiller is so enjoyable to listen to. Encompasses a wide range of economic issues and is so truthful about predictions being just that. Other "experts" think since they have convictions that they know the future. And most media outlets never return to those predictions and point out how wrong they were. And as others have said, it's such a shame that Sokoloff's audio was so poor.

The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?

@corrySledd

Жыл бұрын

It’s always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I’d say you’re better off staying away from stocks fr awhile or better still reach out to an adviser for guidance.

@AUstinnesc

Жыл бұрын

@@corrySledd true, a lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.

@Blitcliffe

Жыл бұрын

@@AUstinnesc Can you leave in details about your investment advisor here? I’m in dire need for one.

@AUstinnesc

Жыл бұрын

@@Blitcliffe My advisor is NICOLE DESIREE SIMON a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

@Blitcliffe

Жыл бұрын

@@AUstinnesc After locating her, I composed an email and arranged a phone conversation. I'm optimistic that she will replies.

Thank you for this interview and sharing it for free on KZread. Its greatly appreciated. Please help Mr. Sokoloff get his Audio/Volume higher on future videos.

A real privilege to have this access these days. We are very lucky. Thanks very much for this.

It’s always a dead giveaway that you’re dealing with greatness when so much humility and self awareness is shown

@lugia8888

Жыл бұрын

Hes ok

Can't believe we get to listen to such a great person like Stan. Everyone should listen to Stan's SOHN interview a year ago and see how more right he was then wrong

@shumbi11

Жыл бұрын

It is a privilege of our times that we can access such minds.

@hill2750

Жыл бұрын

He sounds like he's positioning for a hard landing, so what does he see the Fed doing that keeps him out of the long bond?

@shumbi11

Жыл бұрын

@@hill2750 He has better ways to hedge than we humble plebs. I'll look to hide in TLT by Q4 into 2024. Stan's probably looking at credit default swaps.

@hill2750

Жыл бұрын

@@shumbi11Very interesting, I'll need to give it a look

@dustinmorris1317

Жыл бұрын

@shumbi11 what are you buying in your 401k? I already started with the bond purchases last month and plan to keep buying mid term bonds until Powell drops to 2%ish

What an interview! Thank you so much for your insights Stan!

Great questions, great insight, perspective & balance for us to take away & digest & come up with our own conclusions/ideas. Thanks Henry Padilla for the idea to turn on cc when sound not so great at times.

Thank you very much for uploading this wonderful dialogue.

Thanks for putting this up!

"When you have free money, people do stupid things. When you have free money for 11 years, people do really stupid things." - Stanley Druckenmiller.

Thanks Stan and Kirill, amazing interview!!!! Stan is right about weakness in trucking which nobody really talks about.

@roblampe1380

Жыл бұрын

I am a trucker. We are getting killed. I don't think it's a profitable business right now. 80k for used truck, it breaks down, 20 more k for repairs. Low rates equals bankruptcy for these guys.

Excellent interview, thank you for sharing.

Wonderful interview. I'm glad I spent this hour with so much experience and wisdom.

Thank you Kiril and Stan. This is so insightful.

Sokoloff audio is terrible, but I can listen to Stanley all day.

@simrans3675

Жыл бұрын

I am so glad you share your audiology assessment with us and that you were able to listen to Stanley atleast. Thanks god for that! How was your day otherwise? I am worried about your breakfast as well. Would you like to share what was 'terrible' there and what you could eat 'all day'? Could be huge, if true!

@CarsInAction1

Жыл бұрын

@@simrans3675 ur not real

@simrans3675

Жыл бұрын

@@CarsInAction1 Neither are you :-)

@simrans3675

Жыл бұрын

@@CarsInAction1 Also, it's 'You're', not 'ur' - must be a Gen Z loser, at best!

@johnmorelli3775

Жыл бұрын

@@simrans3675 If you actually listen to Kiril's audio you will have your answer. it is obviously poor quality which is why so many comments below.

Incredible insight thats easy to understand even for the regular folks.

When Stanley Druckenmiller speaks, you listen. This was a great interview by Mr Sokoloff, letting Mr Druckenmiller speak but still steering the converstion to a fruitful outcome, which is quite frankly not that hard with Mr Druckenmiller. Thank you for publishing this interview.

@madmantrader

Жыл бұрын

Only thing is he is short the dollar however, the dollar appears to be bottoming unless it is a fake out.

@Pappaous

Жыл бұрын

Pavlov's dogs. 20 years of fiscal fantasy growth, Stan played his hand. Now the casino is on fire, you opt. to listen to a veteran deserter. (Decided years ago to support oligarch growth at the expense of the commons. Well, it is the bottom of the 9th, two outs, 2 balls, 2strikes... Swing batter! 😂

What a great combo on this one wow. Legendary.

Amazing questions. Really thoughtful

kinda like the background and how it fits with drunckenmiller's deco. Might considerer using it myself

Wonderful interview ❤

The misuse of monetary policy has caused massive wealth inequality.

Play hard, land hard. That's a reality, i learned the physical way.

Great discussion! Only negative was that Sokaloff was inaudible at parts. Not sure if he just mumbles or if it is due to other issues

Thank you Kiril and Stan. This was very insightful 🙏

Great listen. Legend

Thank the Lord Jesus Christ for your blessings. Glory to God

Audio was terrible. Such a shame when there is so wisdom to be heard

48:57 possibly the most emotion I've ever seen Druckenmiller display… The extended eye blink 😂

@chineseforextraderjay5352

Жыл бұрын

I think he was just looking down. But yes the disappointment is profound.

Great interview but Kiril should put some time and $ into improving his audio setup

Probably 1 of only a few traders I ever listen to. A true legend.

2 Legends. Godspeed.

Raise taxes. Don't cut entitlements. Raise taxes. The upper tier can afford it. What were tax rates after the 30s? When America 'did ok'

Billionaire investors both having no clue on computer audio equipment. Got to love it.

Presenter bad mic quality and croaky voice make this a tough listen

I must say that I am one of those individuals who can truly appreciate listening to these gentlemen speak. The interview was great and provided me with fantastic insight.

The US Govt needs many more minds like Druckenmiller's to be involved in educating our policy-makers. There's a reason billionaires become billionaires - cos they are VERY, VERY smart. Let's use their intelligence and experience to get all views considered BEFORE huge sweeping govt policies are put in place - like the idiotic Green New Deal.

Nothing more valuable than an hour with The Great One during interesting times.

Perfect accoustics

Thank God somebody mentioned and addressed the 500 yr. cycle.

You should do something about the scam bots.

Listen at 2x speed, thank me later

Bummer. I was really excited to hear this interview, but the sound is unbearable.

@P__114

Жыл бұрын

Lol, grow up. It’s not that bad.

Great stuff but please provide a better sound quality next time !

There's also a superb book written by Kenneth Rogoff and Carmen Reinhartt, "This Time Is Different".

Good talk with one exception: Where is the Global Warming I have been promised? Seriously, I was sitting outside at Starbucks and had to go sit in the car it's so cold this summer.

There's no such thing as luck. Mr. Druckenmiller is a very blessed man. Our country needs brave leaders who will end this destructive pattern of money printing and reel in spending, cut programs, and allow capitalism to weed out the bad apples.

Ok, capitalist you have your point... respect.

A gift

I dont ever hear people talk about how much of a special case the Boomer generation was for the inflation of the 70s

Loved your interpretation of Rach 3. Oh wait, that was Sokolov.

Can you all doing a series on Austrian Economics and Bitcoin. Authors like Jeff Booth. BALAJI. Boyapati. Safeuddin Ammous. ANTONOPOULOUS.

We are in the first quarter of the 21 century and you cannot have a decent sound on your computer to interview this giant?????!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Anybody able to get a look at all the books in the shelf behind both of them? Would love to have the list

Good one. Stanley and i went our separate ways. Now my main source of income is social security followed by investments. Medicare is my heath insurance. A political solution to funding seems unlikely. The government continues to provide retirement and medical to 38 year olds in the military, fire, police.

why the host couldnt afford a better microphone

I can't hear any of the questions, the answers were great though!

Hey Why when talking entitlements to get back return on invested capital ( which many people paid into) are government employee entitlements ( called retirement) not mentioned ? 20 years and out firemen, 30 years and out post office employees, military 20 years, defense companies and on and on it goes not to mention medical coverage while working and in retirement, paid holidays while working, paid vacations and so on.

It is such a great interview. But it's a shame, that Kiril doesn't pronounce properly and doesn't seem to know to use his microphone properly. I neerly couldn't understand a word of what he mumbled somewhere but not in to his micro. That could have even been repaired by using some software. But he didn't. May be my speakers are not the best. But 95% of the people I can understand much much better.

I would like to watch this, but the sound quality is very poor. Is there anything that you can do to improve that? Thanks

Ok!

Remember the day before 9/11 when Rumsfeld said they didn't know where 3 trillion dollars went? It's a whole lot more than that and too bad we can't use that money openly and honestly.

🛎️🙏

At 32:30, he says treasuries are off the table. If I can get 5% in short term treasuries, why not park cash there while waiting for a big opportunity? Just trying to understand his rationale. Maybe I didn't understand his statement.

@P__114

Жыл бұрын

I was confused by that too

Get your sound together next time pls

No free lunch, time to pay the bill!

@AH-gt4eq

Жыл бұрын

Luv listening to such wisdom.

Our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

@KbcFoundation-un3re

16 күн бұрын

People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

@user-yu5mh8pf4q

16 күн бұрын

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

@IsabellaLisa-vz3jz

16 күн бұрын

How can i get started when it comes to investing and passive income?

@KbcFoundation-un3re

16 күн бұрын

*Whitney Kay Stacy* you can read up on her, she's quite known and her works speaks for itself.

@IsabellaLisa-vz3jz

16 күн бұрын

@@KbcFoundation-un3re Thank you so much

Can barely understand the left guy

What about individuals on social security who never paid in. Are all who receive ss and Medicare legal residents of the USA?

Workers do need a fair wage that is realistic for the circumstances we live with....rental rates/grocery stores etc...

Was Ed Hyman at their staff meeting?

Sam nails it, and in a descret way

Doesn’t gold do well during recessions?

Is there some law that says smart wealthy men are not allowed to have good audio? Gentlemen, please consider hiring an audio engineer. If you cannot find one, please feel free to contact me. PS. Great show, and great insight. Thank you.

Poor audio quality on Kiril Sokoloff's side!

Grandpa on the left is really difficult to understand, but overall great conversation.

The S&P 500 moved 8.9% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...

@VanessaWilliams-pu8vt

18 күн бұрын

I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.

@BrewerVera

18 күн бұрын

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

@AndersonFair-cy2bb

18 күн бұрын

Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I'm in dire need for one.

@BrewerVera

18 күн бұрын

*Whitney Kay Stacy* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

@AndersonFair-cy2bb

18 күн бұрын

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

Great convo. Get taller books and a better mic

Kiril needs to speak up. I can't hear the questions

If they talking about taking the pain,they mean the poor and the middleclasse has to take the pain,never the rich!

Remember this: On September 30, 1987 - near the end of the Reagan Administration - total federal debt stood at $2.3 trillion. Our federal government took 200 years to incur $2.3 trillion dollars worth of debt. Now it’s 34 trillion ..paper stocks priced in U.S. dollars …which means technical fault = worthless stocks

Romeo santo grupo abentura leyenda mahall

Sound soo bad could not watch. Why would you not buy a $60 microphone or use your AirPods.

It sounds as if it is the US govt vs compound interest .Who will win? I’m going with compound interest.

You finally said it but in truth the way out of this is a depression! Real deep that way America can go on another 100-200 years if not it’s on 25-50 year time frame

The interviewer speaks so softly that you can barely hear what he's saying....audio quality is poor!

The sound is terrible guys. I dunno what Carol is saying

my boy druck hwg

How about RRP?

Inflation is dead, per the Quantity of Money! Watch Steve Hanke.

Even if you juggle “for a living” you still drop the ball occasionally.

Put on a podcast , easier to consume

Someone please tell Kiril that we are not here to listen to his forecasts, we are here to listen to Stan’s forecasts😂

@Sokeritoppavuori

10 ай бұрын

So true! Every time the same bloody thing 😂

Kiril is the godfather of mumble rap

Hosts audio is tough.

@mikeherrera5302

Жыл бұрын

Rookie stuff. U got a great guest. Get a sound guy

Id love to know what books stanley has behind him