Billionaire Stanley Druckenmiller Sells Microsoft Stock and Buys a Brilliant Stock Up 334% in 5 Years

Stanley Druckenmiller was one of the most successful hedge fund managers in American history, earning an annual return of 30% over a three-decade period. He closed his hedge fund years ago but now manages his own money through Duquesne Family Office. That means investors can still follow his trades. Druckenmiller a few interesting capital allocation decisions in the fourth quarter. He sold his entire stake in Microsoft (MSFT -2.96%), which had been his largest holding just a year earlier. He also added to h ...