Title: Billionaire Investor Admits Selling Nvidia Stock Was a 'Big Mistake'
In an interview with Bloomberg TV, billionaire investor Stanley Druckenmiller revealed that selling his Nvidia shares earlier this year was one of the biggest mistakes he has made in his career. He sold all of his holdings when the stock was priced between $800 and $950. Druckenmiller, chief executive of Duquesne Family Office, said that despite some volatility, Nvidia's stock is up more than 180% so far this year and is on track to reach another record high this week. The chip giant now has a market capitalization of $3.33 trillion, the second-largest in the world behind Apple. While Druckenmiller remains optimistic about artificial intelligence, he plans to explore other ways to keep his foot in the door in the booming sector.