Druckenmiller backs Kasich as best bet to beat Hillary Clinton

'Kasich has been my favorite all along,' the billionaire money manager said

Feb 22, 2016 @ 10:53 am

By Bloomberg News

+ Zoom

Stan Druckenmiller, the money manager who boasts one of the best investor track records over the past three decades, is supporting John Kasich for president, saying the Ohio governor is the best Republican to take on Democrat Hillary Clinton.

“Kasich has been my favorite all along,” the billionaire said Monday in an e-mail, saying that the governor does better than Republican Senator Marco Rubio against Ms. Clinton in polls. “The perception that Rubio is the most electable Republican is misguided.”

Republican Jeb Bush, the former Florida governor, announced the suspension of his presidential campaign following Saturday's Republican South Carolina primary results.

0
Comments

What do you think?

View comments

Recommended for you

Sponsored financial news

Featured video

Consuelo Mack WealthTrack

Thomas Russo: What it really takes to be a successful investor

Being a successful investor requires the ability to say no and the capacity to suffer, according to Thomas Russo, managing member of Gardner Russo & Gardner.

Video Spotlight

Are Your Clients Prepared For Market Downturns?

Sponsored by Prudential

Recommended Video

Path to growth

Latest news & opinion

Jerry Schlichter's fee lawsuits have left an indelible mark on the 401(k) industry

After a decade of litigation, fees are lower and retirement plans are more transparent. But have the lawsuits gone too far?

10 best financial adviser jokes

How many financial advisers does it take to screw in a lightbulb?

With margins crashing, broker-dealers look to merge: report

Increased regulation is straining profit margins among broker-dealers, sending many of them into the arms of their bigger brethren.

Hackers may have profited from SEC breach

The hack of the agency's Edgar filing system occurred in 2016, but the regulator didn't conclude until last month that the cybercriminals may have used their bounty to make illicit trades.

Top 10 financial firms ranked by investor satisfaction

Find out which firm took the top slot for overall investor satisfaction for the second year in a row.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print