"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
All That Glitters Is Not The Stock Market: Hedge Fund Billionaire Edition
Submitted by A. Magnus on Wed, 2015-08-19 00:00
"Legendary hedge fund manager Stanley Druckenmiller, who runs Duquesne Capital, made a huge bet on gold during the second quarter. Duquesne, which is now run as a family office, finished the second quarter with 2.88 million shares of SPDR Gold Trust, according to the fund’s 13F filing. The new position is now Druckenmiller’s largest long position."
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