13-F Day

In my opinion, and it's just an opinion, the two greatest investors / traders of my long career on the street have been Warren Buffett and Stanley Druckenmiller. I revere Buffett so, to the point that I have been and remain an investor myself in Berkshire Hathaway, the "B" stock (BRK.B) $Berkshire Hathaway-B (BRK.B.US)$ . I choose the B over the A as the Southern Oak in my backyard does not grow gold bars on its branches.

Druckenmiller became a star manager for Quantum Fund (George Soros) and Duquesne Capital, which he shut down in 2010. He has since managed the Duquesne Family Office. We already knew that Buffett had cut his long position in Apple (AAPL) $Apple (AAPL.US)$ in half. It appears that Druckenmiller has also reduced his long position in Apple, along with reducing his long side exposure to Nvidia (NVDA) $NVIDIA (NVDA.US)$ , and Microsoft (MSFT) $Microsoft (MSFT.US)$ , while completely exiting Meta Platforms (META) $Meta Platforms (META.US)$ . His sizable bet on small caps in a broad way, is missing, as perhaps he feels that trade has come and gone. Buffet exited long positions in Paramount Global (PARA) $Paramount Global-B (PARA.US)$ , and Snowflake (SNOW) $Snowflake (SNOW.US)$ , while reducing long-side exposure to Chevron (CVX) $Chevron (CVX.US)$ and Louisiana Pacific (LPX) $Louisiana-Pacific (LPX.US)$ . Notably, Buffet increased his long-side exposure to Occidental Petroleum. (OXY) $Occidental Petroleum (OXY.US)$ . Perhaps most interesting, was Buffett's new long position in Ulta Beaty (ULTA) $Ulta Beauty (ULTA.US)$ .