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) $伯克希爾-B (BRK.B.US)$ . 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) $蘋果 (AAPL.US)$ in half. It appears that Druckenmiller has also reduced his long position in Apple, along with reducing his long side exposure to Nvidia (NVDA) $英偉達 (NVDA.US)$ , and Microsoft (MSFT) $微軟 (MSFT.US)$ , 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) $派拉蒙環球-B (PARA.US)$ , and Snowflake (SNOW) $Snowflake (SNOW.US)$ , while reducing long-side exposure to Chevron (CVX) $雪佛龍 (CVX.US)$ and Louisiana Pacific (LPX) $Louisiana-Pacific (LPX.US)$ . Notably, Buffet increased his long-side exposure to Occidental Petroleum. (OXY) $西方石油 (OXY.US)$ . Perhaps most interesting, was Buffett's new long position in Ulta Beaty (ULTA) $Ulta美容 (ULTA.US)$ .