A Major Misstep in the AI Market
Stanley Druckenmiller, the founder of Duquesne Family Office and a renowned hedge fund manager, recently admitted to making a significant mistake by selling his Nvidia shares too soon. In an interview with Bloomberg’s Sonali Basak, he reflected on his decision, saying, “I sold all my Nvidia probably somewhere between $800 and $950. I think it’s somewhere around $1300 now.”
Druckenmiller’s insights are particularly noteworthy given his impressive track record—he hasn’t lost money in a single quarter over his 30-year career.
The Rise of Nvidia
Currently, Nvidia’s stock is trading at around $139.59, following a 10-for-1 stock split in June 2024 that made it more accessible for everyday investors. Druckenmiller had previously built a substantial stake in Nvidia, which had become one of the most coveted companies due to its dominance in graphics processing units (GPUs) and AI technology. In 2022, Duquesne owned approximately $400 million in Nvidia stock, making it their top holding.
However, by August 2024, Druckenmiller had fully exited his position, stating, “I own none today. It was a big mistake.” He had initially expected to hold the stock for years, but after seeing its value triple in a year, he felt the price was too high and decided to sell.
AI’s Continued Appeal
Despite his regrets, Druckenmiller remains interested in the AI sector and hasn’t ruled out the possibility of buying Nvidia again. “Were the price to come down, we’d get involved again,” he noted. For now, he’s focused on learning from his missteps and “licking [his] wounds from a bad sale.”
In a related note, Oracle co-founder Larry Ellison recently revealed that he dined with Nvidia CEO Jensen Huang and Elon Musk to discuss securing more GPUs, emphasizing the intense demand for Nvidia’s technology.
Conclusion
Druckenmiller’s experience serves as a reminder of the volatility and unpredictability of the stock market. While he may be feeling the sting of a hasty decision, his willingness to learn from it highlights the complexities of investment strategies in today’s tech-driven economy.

I am Aparna Sahu
Investment Specialist and Financial Writer
With 2 years of experience in the financial sector, Aparna brings a wealth of knowledge and insight to Investor Welcome. As an accomplished author and investment specialist, Aparna has a passion for demystifying complex financial concepts and empowering investors with actionable strategies. She has been featured in relevant publications, if any, and is dedicated to providing clear, evidence-based analysis that helps clients make informed investment decisions. Aparna holds a relevant degree or certification and is committed to staying ahead of market trends to deliver the most up-to-date advice.