Takeaway: Try different careers until you find something you’re passionate about. Druckenmiller said he would participate in the investing industry even if he only made $50k a year. Prioritize happiness over money. — Stanley Druckenmiller: The number one necessary condition would be something I was passionate about. Particularly in the [investing] business, the people that love it like me are so addicted to it and so intellectually stimulated by it. If you’re not passionate about it and only in it for the money, you have no chance of competing with these people. They’re going to outwork and out execute you. If you’re American — and this isn’t true for everyone — but you’re probably going to spend 60-70 hours a week working. If you don’t love it, you’re going to blow all that time? That’s not going to be great for your happiness quotient. I was just lucky. I followed my passion. My mother-in-law says I’m an idiot savant, and I wouldn’t be good at anything else. I would do this job for $50,000 a year. I really would. I just, I just love it. And I hate to see young people get trapped in something. I would also say, keep an open mind. I started Bowdoin College as an English major. I took Economics just so I could read the paper intelligently. I went to get a PhD in Economics and I went there and I said: “These people are crazy. They’re trying to shove the economy into a math formula. It doesn’t make any sense.” Then I worked construction for six months. I got kind of a weak upper body, so that didn’t work for me. Then I went to the bank and I found out what I was just in love with. So, try stuff out. And if you’re not really engaged during the day and you’re not happy, move on to something else. Because there’s something out there for everybody. But I would not let money be the driver. What I call the happiness quotient is the most important question in your life. ***