(GuruFocus, December 14, 2009) Investment Gurus that we follow come from many backgrounds. Although we continue to celebrate Ben Graham and Warren Buffett kind of value investing, users often find Gurus likes George Soros and Ken Heebner, who take large and frequent bets, in and out of positions with very high profile. Lately we added Stanley Druckenmiller, who in 1992, worked for George Soros and contributed to the deed of “beaking the Bank of England” and made a $1.0 billion for the firm.
When Soros hired Druckenmiller away from Dreyfus in 1988, he reportedly said, "I think Ive found my clone." A good collection of the stories of the two men working together can be found in an article on http://www.streetstories.com/ . Now the two men are parted and run their own firms, both owns stocks among other things, it is interesting to see what the two trend traders have in common after all these years.
GuruFocus happens to have the tool allowing users to aggregate the portfolio of Investment Gurus together. We apply the tool on Soros and Druckenmiller and yield the following stocks (some columns were deleted for better presentation) that they both own.
The list is long, so let’s just survey the first few as examples:
1. Monsanto Company (MON, Financial)
Monsanto is a leading global provider of technology-based solutions and agricultural products for growers and downstream customers, such as grain processors and consumers, in the agricultural markets. Monsanto Company has a market cap of $45.29 billion; its shares were traded at around $83.1 with a P/E ratio of 18.9 and P/S ratio of 3.9. The dividend yield of Monsanto Company stocks is 1.3%. Monsanto Company had an annual average earning growth of 30.7% over the past 5 years.
Soros owns 1,126,614 shares and Druckenmiller owns 3.3 million shares as of 09/30/2009.
2. Potash Corp. of Saskatchewan Inc. (POT, Financial)
Potash Corporation of Saskatchewan Inc. is the world's largest potash company, the third largest phoshate producer and the second largest nitrogen producer in the world. Potash Corp. Of Saskatchewan Inc. has a market cap of $34.49 billion; its shares were traded at around $116.56 with a P/E ratio of 23.2 and P/S ratio of 3.6. The dividend yield of Potash Corp. Of Saskatchewan Inc. stocks is 0.3%. Potash Corp. Of Saskatchewan Inc. had an annual average earning growth of 12.6% over the past 10 years.
Soros owns 2.9 million shares and Druckenmiller owns 2.0 million shares as of 09/30/2009
3. Apple Inc. (AAPL, Financial)
Apple Computer, Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers. Apple Inc. has a market cap of $177.42 billion; its shares were traded at around $196.98 with a P/E ratio of 31.4 and P/S ratio of 4.9. Apple Inc. had an annual average earning growth of 90.5% over the past 5 years.
Soros owns 22,440 shares and Druckenmiller owns 1.8 million shares as of 09/30/2009
4. Chesapeake Energy Corp. (CHK, Financial)
Chesapeake Energy Corp. is an independent oil and gas company engaged in the development, exploration, acquisition and production of onshore natural gas and oil reserves. Chesapeake Energy Corp. has a market cap of $15.78 billion; its shares were traded at around $24.37 with a P/E ratio of 9.7 and P/S ratio of 1.4. The dividend yield of Chesapeake Energy Corp. stocks is 1.2%. Chesapeake Energy Corp. had an annual average earning growth of 19.6% over the past 5 years.
Soros owns 21,800 shares and Druckenmiller owns 5.4 million shares as of 09/30/2009.
5. JPMorgan Chase & Co. (JPM, Financial)
J.P. Morgan Chase & Co. is a leading global financial services firm. The firm is a leader in investment banking, asset management, private banking, private equity, custody and transaction services and retail and middle market financial services. J.P. Morgan Chase & Co. has a market cap of $164.6 billion; its shares were traded at around $41.77 with a P/E ratio of 39 and P/S ratio of 2.4. The dividend yield of Jpmorgan Chase & Co. stocks is 0.5%.
Soros owns 16.4 shares and Druckenmiller owns 3.0 million shares as of 09/30/2009.
Conclusion
Soros and Druckenmiller think alive and share many of the same stock ideas.
For a complete list, follow this link. You will be surprised by the length of the list.
GuruFocus provides real time information and insights of Investment Gurus such as George Soros and Stanley Druckenmiller for Premium Members. If you are not a premium member, click here to sign up or upgrade. 7-Day Free Trial is available.
When Soros hired Druckenmiller away from Dreyfus in 1988, he reportedly said, "I think Ive found my clone." A good collection of the stories of the two men working together can be found in an article on http://www.streetstories.com/ . Now the two men are parted and run their own firms, both owns stocks among other things, it is interesting to see what the two trend traders have in common after all these years.
GuruFocus happens to have the tool allowing users to aggregate the portfolio of Investment Gurus together. We apply the tool on Soros and Druckenmiller and yield the following stocks (some columns were deleted for better presentation) that they both own.
The list is long, so let’s just survey the first few as examples:
1. Monsanto Company (MON, Financial)
Monsanto is a leading global provider of technology-based solutions and agricultural products for growers and downstream customers, such as grain processors and consumers, in the agricultural markets. Monsanto Company has a market cap of $45.29 billion; its shares were traded at around $83.1 with a P/E ratio of 18.9 and P/S ratio of 3.9. The dividend yield of Monsanto Company stocks is 1.3%. Monsanto Company had an annual average earning growth of 30.7% over the past 5 years.
Soros owns 1,126,614 shares and Druckenmiller owns 3.3 million shares as of 09/30/2009.
2. Potash Corp. of Saskatchewan Inc. (POT, Financial)
Potash Corporation of Saskatchewan Inc. is the world's largest potash company, the third largest phoshate producer and the second largest nitrogen producer in the world. Potash Corp. Of Saskatchewan Inc. has a market cap of $34.49 billion; its shares were traded at around $116.56 with a P/E ratio of 23.2 and P/S ratio of 3.6. The dividend yield of Potash Corp. Of Saskatchewan Inc. stocks is 0.3%. Potash Corp. Of Saskatchewan Inc. had an annual average earning growth of 12.6% over the past 10 years.
Soros owns 2.9 million shares and Druckenmiller owns 2.0 million shares as of 09/30/2009
3. Apple Inc. (AAPL, Financial)
Apple Computer, Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers. Apple Inc. has a market cap of $177.42 billion; its shares were traded at around $196.98 with a P/E ratio of 31.4 and P/S ratio of 4.9. Apple Inc. had an annual average earning growth of 90.5% over the past 5 years.
Soros owns 22,440 shares and Druckenmiller owns 1.8 million shares as of 09/30/2009
4. Chesapeake Energy Corp. (CHK, Financial)
Chesapeake Energy Corp. is an independent oil and gas company engaged in the development, exploration, acquisition and production of onshore natural gas and oil reserves. Chesapeake Energy Corp. has a market cap of $15.78 billion; its shares were traded at around $24.37 with a P/E ratio of 9.7 and P/S ratio of 1.4. The dividend yield of Chesapeake Energy Corp. stocks is 1.2%. Chesapeake Energy Corp. had an annual average earning growth of 19.6% over the past 5 years.
Soros owns 21,800 shares and Druckenmiller owns 5.4 million shares as of 09/30/2009.
5. JPMorgan Chase & Co. (JPM, Financial)
J.P. Morgan Chase & Co. is a leading global financial services firm. The firm is a leader in investment banking, asset management, private banking, private equity, custody and transaction services and retail and middle market financial services. J.P. Morgan Chase & Co. has a market cap of $164.6 billion; its shares were traded at around $41.77 with a P/E ratio of 39 and P/S ratio of 2.4. The dividend yield of Jpmorgan Chase & Co. stocks is 0.5%.
Soros owns 16.4 shares and Druckenmiller owns 3.0 million shares as of 09/30/2009.
Conclusion
Soros and Druckenmiller think alive and share many of the same stock ideas.
For a complete list, follow this link. You will be surprised by the length of the list.
GuruFocus provides real time information and insights of Investment Gurus such as George Soros and Stanley Druckenmiller for Premium Members. If you are not a premium member, click here to sign up or upgrade. 7-Day Free Trial is available.
