Druckenmiller Stock Portfolio

Stanley Druckenmiller says he's ‘licking my wounds’ from selling Nvidia too soon

-Billionaire investor Stanley Druckenmiller told Bloomberg on Wednesday that selling all his Nvidia stock this year was a “big mistake.”

-Nvidia was Druckenmiller's top holding a year ago, but he sold it after the stock tripled in 2023.

-The shares are up another 174% this year, and Druckenmiller has missed much of the continuing rally.

Stanley Druckenmiller is an American billionaire investor and philanthropist, born on June 14, 1953. He founded Duquesne Capital in 1981, managing it until 2010, achieving an impressive average annual return of 30% without a losing year.

Notably, he worked with George Soros at the Quantum Fund, famously profiting over $1 billion by shorting the British pound in 1992. Currently, he oversees investments through the Duquesne Family Office, with a portfolio heavily weighted in technology stocks. His net worth is approximately $9.98 billion as of 2024.

Druckenmiller said on Wednesday that his decision to sell out of Nvidia this year was a “big mistake.”

“I’ve made so many mistakes in my investment career — one of them was I sold all my Nvidia probably somewhere between $800 and $950,” Druckenmiller said in an interview on Bloomberg. “I own none and I owned none the last 400 points.”