Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
Renowned Investor Stanley Druckenmiller Admits Selling All Nvidia Shrs a Big Mistake
Recommend 1 Positive 0 Negative 2 |
||||
|
||||
|
Renowned investor Stanley Druckenmiller, who once managed the Quantum Fund for George Soros, admitted in an interview with Bloomberg that selling all Nvidia (NVDA.US) shares earlier this year was a big mistake. He mentioned that he has made numerous errors in his investment history, one of which was selling all Nvidia shares at US$800-950 before Nvidia's 10-for-1 stock split. Nvidia closed at US$135.72 yesterday (16th), equivalent to US$1,357.2 before the stock split. Druckenmiller stated that he had tripled his Nvidia stock holdings within a year, believing the valuation was already substantial. He described Nvidia as an amazing company and expressed his intention to buy again if the stock price falls. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
