An Overview of Stanley Druckenmiller’s Top Buys in 3Q17
In 3Q17, the Duquesne Family Office’s holdings included Citigroup (C), Workday (WDAY), Alphabet (GOOGL), and Chubb Limited (CB) in its top buying activity.
In 3Q17, Druckenmiller made a significant investment in the information technology sector (XLK). In 3Q17, this sector represented ~56.4% of his firm’s portfolio.
Alphabet (GOOGL), Microsoft (MSFT), Facebook (FB), and Amazon (AMZN) were among the top holdings of Druckenmiller’s firm, Duquesne Family Office, in 3Q17.
On December 14, 2017, Apple (AAPL) was trading at ~$172.00, and its price-to-earnings ratio was ~18.7x.
On December 14, 2017, Amazon was trading at ~$1,177.00. Its price-to-earnings ratio was 300.0x.
In a December 12 interview with CNBC. Stanley Druckenmiller called central banks the “Darth Vader” of the financial system.
In an interview with CNBC on December 12, billionaire investor Stanley Druckenmiller shared his views on tax reform, the central bank’s decisions, the economy, and his stock picks. Druckenmiller is the chairman and CEO of the Duquesne Family Office.
Bitcoin is currently having an incredible performance. It has risen nearly 1,450% so far this year.
Gross believes that in return for cost of carry, if investors get risk-adjusted returns that will be unfruitful compared to the benchmark, they could shift their holdings to other asset classes.
Fund manager Bill Gross thinks the increase in the credit level since the 2008 global financial crisis will be an imminent concern for the US economy.
Bill Gross thinks investors need to avoid parking their money in US (SPX-INDEX) Treasuries (TLT) (BND) during a crisis arising out of a policy mistake, a geopolitical issue, or unexpected risk.
Gross thinks the scope of the central banks is now limited to uphold investors’ beliefs in case of a crisis arising out of a policy mistake, geopolitical issue, or unexpected risk.
Billionaire investor Carl Icahn shared his view on cryptocurrency in his November 30, 2017, interview with CNBC’s Halftime Report. He said about bitcoin that it “seems like a bubble.”
According to the latest 13F filing, activist investor Carl Icahn took a 13% stake in SandRidge Energy (SD) in 3Q17.
On November 30, 2017, Carl Icahn, billionaire investor and founder of Icahn Enterprises, shared his views on the market movement, bitcoin, and his position in 3Q17.
According to Gross, central banks’ deleveraging processes could hamper the performance of the stock market.
Bill Gross said in the interview with CNBC that he believes the stock market has reached the top. He said that various fundamental factors drove the market to a new high.
James Gorman thinks that investment in bitcoin could be risky.
In June 2017, China’s FDI (foreign direct investment) in India had soared to $1.7 billion, according to Indian government figures.
James Gorman, chair and CEO of Morgan Stanley (MS), shared his view on China (FXI) (YINN) in an interview with CNBC.