Billionaire Stanley Druckenmiller Is Buying a High-Yield Warren Buffett Stock That Looks Like a Bargain Now

If you're not a fund manager who has amassed over $1 billion in personal wealth, there's probably a thing or two you can learn from the handful of folks who have. A little experience goes a long way when it comes to investing, and there aren't many out there with more experience than Stanley Druckenmiller.In 2010, Druckenmiller closed down the Duquesne Capital fund, which had posted an average annual return of around 30% for 30 years. He currently manages a relatively small family office, but that doesn't mean you can't follow his trading strategies.The Securities and Exchange Commission requires all those managing more than $100 million in assets to disclose their trading activity every three months. From said disclosures, we can see Druckenmiller opened a new Citigroup (NYSE: C) position in the third quarter of 2024.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool