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Billionaire Stanley Druckenmiller

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billionaire investor

The Motley Fool

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Technology

Opinion: Billionaire Stanley Druckenmiller, After Dropping This AI Giant Last Year, Could Be Coming Back to It During the Nasdaq Correction

Summary

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70% Informative

Stanley Druckenmiller has a long track record of success, delivering an average annual return of 30% over 30 years at Duquesne Capital Management without any money-losing years.

He recently sold an artificial intelligence ( AI ) stock that's soared more than 1,900% over the past five years .

But last fall , he said he was disappointed with one of his latest investing moves.

Now is actually an excellent time to buy stocks because many of yesterday 's highfliers are today 's dirt cheap deals.

In my opinion, he might be buying this stock for a bargain during the Nasdaq correction.

Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 745,726 ! Stock Advisor’s total average return is 830% — a market-crushing outperformance compared to 164% for the S&P 500.

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