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.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Billionaire investor Stanley Druckenmiller admitted that selling his NVIDIA stock this
00:06year was a big mistake. In an interview with Bloomberg, Druckenmiller revealed he sold his
00:11NVIDIA shares between $800 and $950 pre-split, missing out on further gains as the stock has
00:17surged another 174% in 2024. Druckenmiller once owned over 8 million NVIDIA shares worth about
00:24$400 million, which would now be valued at over $1 billion. Druckenmiller stated he would consider
00:30reinvesting if the price drops, but said he's licking his wounds. For all things money,
00:35visit Benzinga.com slash GSTV.