Stanley Druckenmiller is a billionaire American investor, hedge fund manager and philanthropist. He is the former chairman and president of Duquesne Capital, which he founded in 1981. He closed the $12 billion fund in August 2010. Stanley Druckenmiller made it big as a hedge fund manager for 30 years. He now manages his money through a family office. Until 2000, he worked for George Soros. The duo famously bet against the British pound in 1992 and made massive profits. In Nov 2020, he indicated that he owns Bitcoin.
"Frankly, if the gold bet works the bitcoin bet will probably work better because it's thinner, more illiquid and has a lot more beta to it."
"It has a lot of attraction as a store of value to both millennials and the new West Coast money and, as you know, they have a lot of it."