Billionaire Stanley Druckenmiller Dumped all of His Nvidia Shares Last Year and Just Bought Shares of This Top AI Player
Once every quarter, we -- and I mean investors of every portfolio size, from a few dollars on up to millions or billions -- get a great opportunity. We're able to see the latest moves of some of the most successful investors, those who have built and maintained billion-dollar portfolios. Managers of $100 million or more in the U.S. must report their latest trades on form 13F to the Securities and Exchange Commission -- and these forms are available for all of us to examine.Of course, copying every move of every billionaire investor is impossible. But by studying some of their moves, we may gain valuable investing ideas -- and ones that could boost us along the path to wealth. One particular billionaire to watch is Stanley Druckenmiller, the investor who led Duquesne Capital Management to an average annual return of 30% without any money-losing year over a period of 30 years.Druckenmiller has since closed the fund but invests through the Duquesne Family Office -- and here he recently made a big move. Druckenmiller last year dumped all of his Nvidia (NASDAQ: NVDA) shares, and in the fourth quarter, opened a position in another top artificial intelligence (AI) stock. Let's find out more.Continue reading
Once every quarter, we -- and I mean investors of every portfolio size, from a few dollars on up to millions or billions -- get a great opportunity. We're able to see the latest moves of some of the most successful investors, those who have built and maintained billion-dollar portfolios. Managers of $100 million or more in the U.S. must report their latest trades on form 13F to the Securities and Exchange Commission -- and these forms are available for all of us to examine.
Of course, copying every move of every billionaire investor is impossible. But by studying some of their moves, we may gain valuable investing ideas -- and ones that could boost us along the path to wealth. One particular billionaire to watch is Stanley Druckenmiller, the investor who led Duquesne Capital Management to an average annual return of 30% without any money-losing year over a period of 30 years.
Druckenmiller has since closed the fund but invests through the Duquesne Family Office -- and here he recently made a big move. Druckenmiller last year dumped all of his Nvidia (NASDAQ: NVDA) shares, and in the fourth quarter, opened a position in another top artificial intelligence (AI) stock. Let's find out more.
