Billionaire Investor Stanley Druckenmiller Admits 'Big Mistake' Of 2024. Here's Why He Says, 'I'm Licking My Wounds.'

Billionaire Investor Stanley Druckenmiller Admits 'Big Mistake' Of 2024. Here's Why He Says, 'I'm Licking My Wounds.'

Billionaire investor Stanley Druckenmiller admitted that selling his Nvidia stock this year was a big mistake. In an interview with Bloomberg, Druckenmiller revealed he sold his Nvidia shares between $800 and $950 pre-split, missing out on further gains as the stock has surged another 174 in 2024. Druckenmiller once owned over 8 million Nvidia shares, worth about $400 million, which would now be valued at over $1 billion. Druckenmiller stated he would consider reinvesting if the price drops but said he's licking his wounds.


User: Benzinga

Views: 2.4K

Uploaded: 2024-10-17

Duration: 00:39

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