A few legendary influencers in investing are making huge bets right now on commodities, an area that continues to face some pretty strong headwinds. Stanley Druckenmiller made a $323-million bet on gold, now the largest position in his family office fund. Meanwhile, George Soros recently moved $2 million into coal producers Peabody Energy and Arch Coal, and activist investor Carl Icahn took an 8.5-percent stake in copper miner Freeport-McMoRan, which we own.
A few legendary influencers in investing are making huge bets right now on commodities, an area that continues to face some pretty strong headwinds. Stanley Druckenmiller made a $323-million bet on gold, now the largest position in his family office fund. Meanwhile, George Soros recently moved $2 million into coal producers Peabody Energy and Arch Coal, and activist investor Carl Icahn took an 8.5-percent stake in copper miner Freeport-McMoRan, which we own.
Share this Article
Recommended