Billionaire Investor Stanley Druckenmiller Admits 'Big Mistake' Of 2024. Here's Why He Says, 'I'm Licking My Wounds.'

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.