Duquesne's Chairman and Chief Investment officer, Stan Druckenmiller joined Bloomberg Television's Stephanie Ruhle today from the Robin Hood Investors Conference. Druckenmiller confirmed he is shorting IBM in bet cloud computing to replace it, "It's one of the more higher-probability shorts I have seen in years...IBM is old technology being replaced by cloud technology." Druckenmiller:

• Confirmed that he has talked about IBM
• Said IBM a high probability short
• Said IBM to be replaced by cloud computing
• Said IBM free cash flow is reason for short now
• Said IBM should be investing, not doing buyback
• Says buy IBM 'If you want to be short innovation'
• Said he's long Amazon; Amazon long not as big as IBM short
• Said he likes Amazon's Jeff Bezos
• Said he thinks David Tepper is "Awesome"
• Said his returns were subpar in past 10 years
• Said his returns beat what in market
• Said nothing to change market trend now
• Said he bought Herbalife in bet on Bill Stiritz