"Go for the jugular" Stanley Druckenmiller (Patreon)

Stanley Druckenmiller is a well-known investor who is reputed for his investment strategy and long-term success in the financial markets. The quote provides insight into his approach to investing:

1. Preservation of Capital: This suggests that one should avoid unnecessary risks that could lead to large losses. Protecting the investment capital is a priority, to ensure that money is available to invest when good opportunities present themselves. I call it "ALLOCATIONS MATTER"
2. Home Runs: These are the investments that yield exceptionally high returns. The metaphor of "home runs" comes from baseball, where a home run scores the most runs in a single hit. In investing, this refers to making large profits from a single investment or a couple. 
3. Tremendous Conviction: This means having a strong belief or high confidence in a particular trade or investment. Me and Solana, Me and TSLA, Me and BTC, Me and NVDA, Me and MSTR etc 
4. Go for the jugular: This is an idiom that means to target the most crucial area for a decisive victory. In the context of investing, it means that when one is very confident about an investment, one should invest heavily or aggressively and keep on at it to maximize potential returns.
5. Courage to be a pig: In investment parlance, a "pig" is often a derogatory term for an investor who is greedy or takes large risks. However, Druckenmiller flips the term on its head, suggesting that sometimes, being "greedy" (in the sense of being fully committed to a strong investment opportunity) requires courage and can be a virtue, as long as it's done judiciously and with a solid foundation of conviction.

h/t Sanjay for the image