3 Genius Stocks Billionaire Stanley Druckenmiller Just Bought

Keeping tabs on what billionaire hedge fund managers are doing is considered by some to be a great way to initiate investment ideas. While you shouldn't blindly follow what these hedge funds are doing with their investments because every investor has different goals for their portfolio, it can be a good strategy check to make sure you aren't missing out on a good thing.As for different goals, it's important to remember that hedge funds tend to invest with an idea of holding a stock for 12 to 18 months, on average. Another reason for investors to do their own due diligence about a potential investment sourced from a hedge fund report is that there is a significant delay between when the stock was purchased and when the report is released. Any fund with greater than $100 million in assets must disclose its trades during the quarter to the Securities and Exchange Commission (SEC) in a Form 13F. That information is then released to the public 45 days after the end of the quarter. So, moves that these hedge funds may have made during Q3 could have happened as long as 135 days prior to release. Plenty could have happened for the company and the stock since thenStill, even after factoring in those parameters, I think the stocks that Stanley Druckenmiller at Duquesne Family Office purchased during Q3 are worthy buys right now. Here are my thoughts on three of them.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool