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Jan.03 — Timid isn’t how most people would describe Stanley Druckenmiller, the investor renowned for making huge, aggressive bets, including one that infamously “broke” the Bank of England. Yet that’s how he describes himself today. It’s not that Druckemiller has sworn off taking risk. Right now, he owns copper and U.S. and Japanese equities, and he’s wagering on the Canadian and Australian dollars while shorting the yen and long-dated Treasuries — all positions that in theory will profit in a stable-to-growing world economy. Bloomberg’s Erik Schatzker spoke EXCLUSIVELY with the billionaire investor in New York.

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