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Billionaire Investor Stanley Druckenmiller’s Recent Moves
Billionaire investor Stanley Druckenmiller, known for his exceptional track record managing Duquesne Capital Management with an average annual return of 30% for three decades, currently oversees about $4 billion in the Duquesne family office. Recently, he sold all shares of three major companies: Nvidia, Palantir Technologies, and Eli Lilly.
Druckenmiller’s sales come after significant stock price increases: Nvidia grew over 1,000%, Palantir over 2,000%, and Eli Lilly more than 180% in the last three years. In their places, he opened new positions in Alphabet (102,200 shares) and Meta Platforms (76,100 shares), both of which are considered more affordable relative to their peers, trading at 27x and 22x forward earnings estimates, respectively.
This strategic shift reflects his continued focus on valuation amid rising stock prices in the tech sector, especially as both Alphabet and Meta are expected to benefit from growing investments in artificial intelligence.
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