Billionaire Stanley Druckenmiller Jettisoned His Fund's Entire Stake in Palantir and Loaded Up on His Favorite Artificial Intelligence (AI) Stock for a 4th Straight Quarter
For a lot of investors, earnings season is the highlight of every quarter. It's the six-week period where most members of the S&P 500 lift the proverbial hood on their operating results.But a strong argument can be made that the quarterly filing of Form 13Fs with the Securities and Exchange Commission is equally important. A 13F is a required filing for institutional investors with at least $100 million in assets under management (AUM) that spills the beans on which stocks they've been buying and selling. This information can be invaluable in the sense that it tells investors which stocks and trends have piqued the interest of Wall Street's savviest money managers.Though Warren Buffett tends to be the most-tracked of all asset managers, he's not the only billionaire known for supersized returns. Duquesne Family Office's billionaire boss Stanley Druckenmiller knows a thing or two about spotting a good deal.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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