Legendary investor Stanley Druckenmiller is shutting down his $12 billion hedge fund and calling it quits. His fund is down 5% for the year. With a fortune estimated at well over $2 billion he is sick of grappling with the markets. I cant say I blame him. Here is the story
from Bloomberg.
2 comments:
tsachy, whats your take on the GM ipo? And how it effects the markets?
I view it as a cash drain but its a while away.
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