Stanley Druckenmiller is one of the greatest investors of all time. As the manager of Duquesne Capital Management for nearly three decades, from 1981 to 2010, he generated an average annual return of 30% and never had a losing year.

Druckenmiller has been a net seller of Lilly stock for several consecutive quarters. Furthermore, his fund dumped most of its position in Lilly during the first quarter of this year. After such a massive sell-off, it may have been obvious that Duquesne would exit the position entirely sooner rather than later.

Stanley Druckenmiller of the Duquesne Family Office expressed feelings of regret after exiting his position in Nvidia.

"Were the price to come down we get involved again, but right now I'm licking my wounds from a bad sale there."

The legendary investor is moving his capital into two different emerging categories. One stock is already up big for him.

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