Billionaire Stanley Druckenmiller Dumped His Fund's Stake in Tesla and Is Piling Into a Stock That Rallied 56% Last Week Amid Buyout Rumors

For a lot of investors, earnings season is the pinnacle of each quarter. The six-week period where a majority of S&P 500 businesses report their operating results gives investors invaluable information on the health of the U.S. economy.But earnings season isn't the only important data dump of the quarter. Aug. 14 marked the deadline for institutional investors with at least $100 million in assets under management to file Form 13F with the Securities and Exchange Commission. A 13F provides a concise snapshot for investors of which stocks the smartest investors on Wall Street bought and sold in the latest quarter.Though Warren Buffett is the most closely monitored of all money managers, he's not the only billionaire with a penchant for outsized returns. Duquesne Family Office's billionaire boss Stanley Druckenmiller is known to deliver supercharged returns and spot amazing deals hiding in plain sight.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool