10.05.2016 - What Do Hedge Funds Think about Gold?
Stanley Druckenmiller, chair and CEO of the Duquesne Family Office, spoke to the Sohn Investment Conference attendees on May 4, 2016. Throughout his investment career, his hedge fund track record has seen returns of 30%. According to one of his investors, the Duquesne fund never had a down year. During the meeting, Druckenmiller was negative on China’s economy going forward. He also expressed his skepticism about the Federal Reserve’s policy. He recommended that investors opt out of the stock markets and also mentioned that his core investment and largest currency allocation is gold. ..............................................Full Article: Source
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