Druckenmiller `Not Surprised' That Hedge Funds Are Suffering

The video discusses the impact of volatility on hedge funds, emphasizing that volatility is only beneficial when part of a trend. The speaker reflects on past predictions about the hedge fund industry, noting increased competition and market efficiency. Challenges faced by hedge funds in a volatile market are highlighted, and the future of hedge fund managers is discussed, suggesting only a few will thrive in the current environment.

According to the speaker, what factors contribute to the difficulty of succeeding in hedge funds today?

What does the speaker suggest about the future of fundamental discretionary hedge fund managers?