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Bloomberg Television

Druckenmiller says selling Nvidia was a “big mistake” #shorts 😺

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a while ago we spoke about Nvidia and you had said that it would some be something that you held for years and ever since then you held it for a while but more recently you’ve been selling it off how much do you have left of it and why have you been selling can you see yourself getting back into it again I’ve made so many mistakes in my investment career one of them was I sold all my Nvidia um probably in somewhere between 800 and 950 I think it’s 13 00 on that stock now you ow none today I own none and I I own none the last 400 points it was a big mistake uh in terms of AI and by the way when I when I saw you at that conference which was 18 months ago I fully expected to own it for years but I think it was 300 in change and um as I also said at a media interview I’m not Warren Buffett so I thought I thought I was going but what changed is it tripled in a year and I I thought the valuation was rich we are big term long-term Believers in Ai and there’s still many ways we’re playing AI particularly the infrastructure that’s been built out to support the power needed uh and yes I think Nvidia is a wonderful company and where the price to come down we get involved again but right now I’m licking my wounds from a bad sale there

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