STANLEY DRUCKENMILLER RAN 30 YEARS WITHOUT A LOSING YEAR. HIS LIST OF WHAT MAKES A GREAT INVESTOR TREATS IQ AS AN AFTERTHOUGHT
His list, in his order:
• Extreme passion, because "you can't compete against people that love the business"
• Extremely competitive. His words: they have to be sore losers
• An ego they can check at the door, staying open-minded when a position goes wrong instead of inventing reasons to hold it
• The discipline to fight your emotions and go against the crowd
IQ finally comes up mid-list, and he waves it off. Anything past 125 or 130 he calls "largely superfluous."