Recall that George Soros etched his name in the history books back in 1992 when he made a massive bet against the Bank of England and forced a devaluation of the pound, making $1 billion along the way--a figure that still impresses. The real mastermind may have been his top trader Stanley Druckenmiller, who has informed Bloomberg he will shut his Duquesne Capital Management.

He told the news service he was "tired of the stress of managing money for others and frustrated by his failure in the past three years to match returns that had averaged 30 percent annually since 1986." This year, Duquesne Capital Management, which has never had a losing year, is down 5 percent.

Druckenmiller seems to have been seeking a life change for years. In 2008, he attempted but failed to buy the Pittsburgh Steelers. He's had something of a charmed career. This does make you wonder about other big name managers who have been in the game a long time, the James Simons and Bruce Kovners and Paul Tudor Jones of the world. Interestingly enough, Julian Robertson may be planning a comeback of sorts. We may well hear from Druckenmiller again.

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