Billionaire Stanley Druckenmiller has shared how he got into bitcoin and it involved famed hedge fund manager Paul Tudor Jones. When bitcoin was going up, Druckenmiller said, “I just couldn’t stand the fact that it was going up and I didn’t own it … I felt like a moron.”
Paul Tudor Jones, Stan Druckenmiller, and FOMO
Renowned investor Stan Druckenmiller has shared how he got into bitcoin in an interview with The Hustle published on May 26. He also shared his views on ethereum and dogecoin, as Bitcoin News previously reported.
Druckenmiller founded Duquesne Capital in 1981. He managed money for George Soros as the lead portfolio manager for the Quantum Fund until 2000. He and Soros made massive profits betting against the British pound in 1992.
When the price of bitcoin skyrocketed from $50 to $17,000, Druckenmiller described, “I just sat there aghast,” admitting, “I wanted to buy it every day.” The billionaire investor elaborated:
It was going