And it certainly didn't go unnoticed.
The significance of the worlds greatest and most respected money manager - Stan Druckenmiller saying just now that he is long bitcoin can not be overstated. That has removed every obstacle for any hedge fund or endowment to invest...#Bitcoin— Raoul Pal (@RaoulGMI) November 9, 2020
Billionaire Stan Druckenmiller casually mentions on CNBC that he has warmed up to #Bitcoin and now owns it.— Preston Pysh (@PrestonPysh) November 9, 2020
Bitcoin Bulls:— Yano (@JasonYanowitz) November 9, 2020
1) Stanley Druckenmiller
2) Paul Tudor Jones
5) Abby Johnson
7) Bill Miller
10) David Swensen
Damn good group of investors if you ask me.
He then goes on to state that he owns a lot more gold, showing that his confidence in gold, is still much higher than it is in bitcoin. From his brief comments, he seems to feel like bitcoin is worth a small allocation of his profile, just in case it does become significant. And if it doesn't, then losing a small amount of net worth won't hurt too much either.
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