13F Filings: Hedge Funds Cut U.S. Equity Holdings

The transcript discusses the market downturn in the fourth quarter, with the S&P 500 dropping by 14%, prompting hedge funds to pull out of technology stocks like Apple, Amazon, and Google. Warren Buffett's investment moves are highlighted, including reducing stakes in Apple and Oracle while increasing holdings in JP Morgan and other banks. Stanley Druckenmiller's strategy is also examined, showing increased investment in Microsoft and Tesla, while significantly reducing his stake in Alphabet.

How did Stanley Druckenmiller's investment strategy change regarding Microsoft and Alphabet?

What was the significance of the put options purchased on Tesla by Druckenmiller?