Stock Deep Dive: A Stanley Druckenmiller Favorite

Good Evening! 👋

In this newsletter, uncover one of the top stocks owned by Stanley Druckenmiller.

Dear Premium Members,

Have you heard of Stanley Druckenmiller? If you haven’t, he is considered one of the greatest investors ever and has a net worth of ~$6 billion. He also happens to be one of my favorite investors.

When Druckenmiller worked for George Soros, he was the architect behind one of the most celebrated trades in financial history.

This particular trade involved a bold strategy that led to the devaluation of the British Pound in 1992.

The trade leveraged billions of dollars against the Pound, predicting that the UK could not maintain its high interest rates and exchange rate within the European Exchange Rate Mechanism.

The pressure culminated on Black Wednesday, forcing Britain to devalue its currency and exit the mechanism. This audacious move resulted in a profit exceeding $1 billion.

When researching new stocks, I always investigate what the greatest investors own. This strategy has always served me well.

As these expert investors’ portfolios age, more blue-chip stocks are usually present, but it’s extra intriguing when they own stock I’ve never heard of.

While researching what Druckenmiller owns, I discovered his substantial position in a company called Coupang.

 Naturally, I had to dig deeper. Let’s review this interesting company.

Overview What Does Coupang Do?

Coupang stands as a titan in the e-commerce landscape of South Korea, revolutionizing the way people shop by blending a vast product assortment with unmatched convenience.

Its hallmark "Rocket Delivery" service ensures that orders for electronics and daily essentials arrive quickly, often on the same day. An order is considered very late if it does not arrive within 24 hours of purchase. This is one of my absolute favorite company policies.

Coupang is set to keep growing its market presence mainly in its superior logistics network, which sets it apart as its most vital advantage.

Subscribe to Premium Member to read the rest.