Billionaire Stanley Druckenmiller is a former hedge fund manager best known for betting against the British pound in 1992. He managed George Soros' Quantum Fund at the time, and the pair reportedly pocketed a $1 billion profit on the transactions. Meanwhile, Druckenmiller ran his own hedge fund between 1981 and 2010, returning an average of 30% annually for clients.

Today, he manages his personal fortune through the Duquesne Family Office, which still makes a compelling case study. Druckenmiller had 39% of his $2.8 billion portfolio invested in just three stocks as of September: 14% in Nvidia (NASDAQ: NVDA), 13% in Coupang (NYSE: CPNG), and 12% in (NASDAQ: MSFT). That level of asset allocation signals high conviction.

Here's what investors should know about those three stocks.

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Source Fool.com