Druckenmiller Calls It Quits

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:

Anonymous said...

tsachy, whats your take on the GM ipo? And how it effects the markets?

Tsachy Mishal said...

I view it as a cash drain but its a while away.