Druckenmiller on How AI is Dominating His Long Portfolio

Stanley Druckenmiller, Chairman & CEO, Duquesne Family Office speaks with Bloomberg’s Sonali Basak at Bloomberg Invest New York 2023.
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[AbdessalemLouati-rw]

Came here from The Real World trading campus, what a legend !

[williamyejun]

My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.

[pearlwilkinson]

If life gives you lemon, you make lemonades, so at this point instead of waiting for stocks to crash or recovery, focus on how to profit off the current market, Bloomberg, WSJ, BBC business(just to mention a few) have been recording cases of folks averaging 350k in 12weeks, so there's money being moved around if you know where you're looking.

[Pachec-ms]

Strong BUY. Still early innings. NVIDIA is the dominant leader in AI and the preferred technology partner globally. Even w new competition on the horizon, NVIDIA is far ahead of the competition. 85% market share. 76% margin. Unrivaled demand for new Blackwell chip. Demand far exceeds production for Blackwell through to 2025 and beyond. No competitor has anything close to Blackwell. And forward P/E is about 33 (cheap for a high growth stock). Buy this stock and wait. You will be rewarded.

[gaynor]

I have more money in NVIDIA, Alphabet, Amazon and Microsoft than any other single investment in my entire life. Translation: I’m not leaving.$120k in profit made in Q2 2023 thus far.

[stephendodson]

If a good amount of folks do what you say, just imagine how many millionaires we already have or will have in the future. Warren Buffet and Cathie Woods just to mention a few emphasizes on the importance of investing, I've been keen to invest about $220k of my savings lately, my challenge is knowing when to sell/hold and how to grow profit consistently even in an unsteady market. Great contents as always!

[AndrianWiener]

It is happening folks, the future of work is being redesigned. Yes, More tech companies wants to fire more workers from next week: "The third wave is going to happen next week. That affects everybody in the biz teams, including in my organization. It's just a time of great anxiety and uncertainty" Says Meta President.

[robertlaloggia]

It's strangely comforting to hear a multi-billionaire be so honest about his failures and his inability to predict the future. There is so much to be learned about investing and about life by listening to Stanley talk.

[NickDrendel]

Really great interview to see the mindset of a successful trader. Talks about losses, not always being right, waiting for the best opportunities. That’s how you get outperformance over many many years.

[patrickbrussels]

There has been considerable discussion regarding a June rally and the potential for certain stocks to experience substantial growth during this season. Unfortunately, I don't have specific information on which stocks might be involved. However, I recently sold my home in the Boca Grande area and are considering investing a lump sum in the stock market before any potential rebound. It is challenging to determine whether this is an opportune time to buy, as market conditions can be unpredictable.

[Riggsnic_co]

To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?

[RickWatson-xugw]

Instead of trying to predict and prognosticate whether or not we’re going into a recession, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

[mcginnnavraj]

I'm having a bad year; SBUX is down by $26k, HD is down by $35k, Draft Kings is down by $6k, NIO is down by $15K and ABML is down by $8K. I'm only clinging to the Maverick of Wall Street's advice regarding opportunities during erratic market conditions in the hopes that I can either wait for a recovery or choose profitable investments and ETFs/Stock to make up for my loss. Besides, i've seen articles of people making 350k in a quarter during these red seasons. How have they managed that please?

[Raymondjohn]

I came here to get an idea of how to trade utilizing A.I trading bot after hearing a guy on a podcast talk about the importance of A.I trading bot and how he made $660, 000 in 6 months from $50, 000. This video has helped to clarify a few things for me, but I'm still puzzled, I'm a rookie, and I'm open to suggestions.

[FelixTheCat]

Now that’s how to conduct an interview. Thank you Sonali great questions in rapid fire. Loved it.

[richmorten]

In order to avoid falling into a bear market trap at this time, I'm attempting to hold off on any fresh purchases.What are the finest stocks to buy right now or add to a watchlist? It's difficult to benefit from equities when institutional investors are the ones pushing the selling, however I saw an article about people who made profits of up to $150k during this fall.

[SilvesterMiles-yj]

The 1% Millionaires stay rich by staying off high interest debts and investing passively. Personally i made my first million from having investments that spreads across stocks, etfs, coins and bonds.What i can say to early investors is diversification and solid management..at this point I'm actually grateful for my advisor Deborah Jean Dykstra.. it's been great.

[stuartjames]

I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying it's ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point

[systemloading]

It's hilarious how slow paced Druckenmiller's answers are, while the interviewer is always hyped up

[jimmyprusty]

The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400, 000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.